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Forex factory is where professional traders connect to the forex markets, and to each other. The current consensus is for a 25bps cut this month, lowering interest rates to 4% for the first time since february 2023 What does it mean for the forex market and gold next week

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Watch today’s weekly forex forecast to see how i’m trading the dxy, eurusd, gbpusd, usdchf, and xauusd Looking ahead, the primary catalyst of movement for the pound euro exchange rate this week will no doubt be the bank of england’s (boe) latest interest rate decision The dxy closed the month of july on.

The federal reserve system is the central bank of the united states

It performs five general functions to promote the effective operation of the u.s Economy and, more generally, the public interest The federal reserve conducts the nation’s monetary policy to promote maximum employment, stable. Australia’s headline inflation rate in the second quarter of the year slipped to its lowest point since march 2021, coming in at 2.1% year over year, compared to 2.4% in the preceding period

This was lower than the 2.2% expected by economists polled by reuters, and is almost touching the lower. The swiss franc was the strongest major currency on tuesday after president trump announced he is “working on a deal” to reduce tariffs on swiss exports Currently set at 39%, any reduction would likely support switzerland’s export sector and, by extension, the franc The currency also retains its.

The imf said on thursday it was closely monitoring the latest u.s

Tariffs announcements, saying uncertainty about the global economic outlook remained high and urged countries to.