Contractionary Monetary Policy: What is it and How Does it Work?
Contractionary monetary policy is utilized by central banks to reign in an overheating economy and surging inflation. Find out what tools are used and how they work
‘Crypto Winter’ May Worsen if Bitcoin Falls Below $20,000
Mounting recession fears and hawkish monetary policy remain prominent drivers of price action as Bitcoin and Ethereum test key technical levels.
Australian Dollar Forecast: AUD/USD, AUD/CHF Downside Risks Remain
China steps up control over Australia's top export. Lower AUD/CHF has further to run
Euro Price Forecast: Some Respite for EUR/USD as EU Core Inflation Remains Elevated at 3.8%
The euro received some support after eurozone CPI showed no relief for the region but helped push EUR/USD above 1.05 as we look ahead to U.S. data later today.
USD/JPY Latest: Yen Plummets on BoJ Dovish Stance, Carry Trades Thrive
BoJ concerned by sharp FX moves but not enough to alter monetary policy. The yen appears even more susceptible in the wake of widening interest rate differentials
Swiss Franc Bolts Higher as the SNB, BoE Join the Rate Hike Party While BoJ Dances Alone
The Swiss Franc has mostly held gains resulting from the SNB surprise hike, joining BoE tightening and leaving a dovish BoJ behind. Where to EUR/CHF?
US 500 IG Client Sentiment: Our data shows traders are now at their most net-long US 500 since May 12 when US 500 traded near 3,925.70.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bearish contrarian trading bias.
USD/JPY Soars as Bank of Japan Defends Ultra-Loose Policy and Not the Yen, Where to?
The Japanese Yen is being hammered by markets as the Bank of Japan held policy unchanged in June, committing to continue ultra-loose policy despite a tumbling currency. Where to for…
Gold Prices Rise as US Dollar Falls on Economic Woes, Where to for XAU/USD?
Gold prices rallied as the US Dollar sank with Treasury yields after disappointing US housing data fueled broader economic woes. Ahead, XAU/USD is eyeing industrial production data.
BTC/USD May Break 20,000 as Bank of Japan Decision Looms
Bitcoin prices may break below the psychologically important 20,000 level after sentiment collapsed on Wall Street. The Bank of Japan's interest rate decision is set to cross the wires today.