Today the focus is on the interest rates from BoE and SNB and on the US Initial Jobless Claims.
The Swiss National Bank’s Monetary Policy Assessment and Interest Rate Decision. Forecast: -0.75%. Optimistic economic outlook may firm up CHF.
Assets to trade: USD/CHF, GBP/CHF, CHF/JPY
The Bank of England Interest Rate Decision. Forecast: 0.10%. Hawkish moves may solidify GBP.
Assets to trade: EUR/GBP, GBP/JPY, GBP/USD
OPEC has recently highlighted the impact of the gas crisis in the oil market. Affects Brent
Netflix announced it will acquire the Roald Dahl Story company. Affects Netflix
JP Morgan Chase is reported to have acquired and invested in around 30 companies this year. Affects JP Morgan Chase
The US dollar has been rather firm against most of its peers lately. That’s especially visible on the chart of USD/CHF with a month-long uptrend from above 0.90 to 0.93.
Currently, USD/CHF slid but it appears to be a temporary downswing inside the larger context of its upward movement towards 0.93.
USD/JPY is hovering above the support level of $109. It seems likely to move up to $110 in the near future.
This stock has descended below $160. Its latest bearish move suggests it may slide all the way to the support level of $150.