Forex News

The Impact of Japan’s Revised Growth Forecast on the Economy Current Economic Situation in Japan Japan’s government recently announced a cut in its growth forecast for the current fiscal year, ending in March 2025. The previous projection of a 1.3% gain has been revised down to a 0.9% expansion. This downgrade comes as a result…

Japanese Inflation Data Sparks Speculation A Closer Look at the Latest CPI Numbers Recently released data from Japan has revealed that the Consumer Price Index (CPI) for the month of June rose by 2.8% year-on-year, falling just short of expectations at 2.9%. This news comes just in time for the upcoming Bank of Japan (BoJ)…

Welcome to the BoJ and Yen Update What JP Morgan Private Bank Analysts are Saying So, the analysts at JP Morgan Private Bank have given us a little insight into what we can expect from the Bank of Japan (BoJ) and the yen in the near future. The TL;DR version? Well, it looks like a…

This Might be the End of the Line for Joe Biden’s Presidential Bid Is Joe Biden’s Campaign Coming to an End? “We’re close to the end,” a person close to Biden told NBC News. A person who spoke with a senior campaign official said a sense of a new reality has fallen over the campaign….

Chelsea FC Announces Skrill as Official Tour Partner Skrill Joins Chelsea Tour Chelsea FC is finalizing preparations for their pre-season tour in the US this summer, and the club has announced Skrill as an official tour partner. Skrill, the digital wallet backed by global payments platform Paysafe (NYSE: PSFE), will be the presenting partner for…

USDCHF Support Target Analysis Exploring the Next Target Area In the video and post yesterday, the analysis focused on the support target between 0.8818 and 0.8825 for USDCHF. This level was identified as a crucial area that could determine the future direction of the currency pair. As mentioned, breaking below this range would increase the…

USD on the backfoot, CHF gaining ground Fundamental Overview Witty, conversational, and delightfully offbeat, let’s dive into the world of currencies and see what’s been happening recently. The USD remains on the backfoot as the US data continues to point to resilient growth with falling inflation. This week, we got a good US Retail Sales…

Prop Trading Regulations: A Global Perspective The Current State of Prop Trading Regulations A number of experts suggest that the US may take the lead in introducing prop trading regulations, but Remonda Kirketerp-Møller, founder and CEO of Muinmos, believes that the UK could also be a front-runner in this regard. While speaking at the iFX…