ATF Trading Room

Fed’s “Wait and See” Stance Weighs on the USD, All Eyes Turn To BOJ Meeting

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The Fed revealed their monetary policy decision today at no surprise to the markets, as the central bank took on a "wait and see" approach, saying that future rate hikes will be dependent on further improvements in U.S. economic data...

 

EUR Tests $1.10 as markets await ECB decision, GBP recovers some ground

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The U.S. Dollar gained overnight, primarily against the EUR and commodity-based currencies as global markets take a backseat in anticipation of the European Central Bank’s decision which will reveal if more monetary policy easing is on the horizon...

 

Forex News

Bank of Japan Shocks the Markets, weak GDP data keeps USD under pressure

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The JPY soars in the aftermath of the Bank of Japan's surprising decision not to reduce rates further into negative territory and to leave the size of its bond buying program at 80 billion yen per month. Weak U.S. GDP data keeps USD under pressure...

 

USD losing to JPY as speculation of stimulus expansion is dying off

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The U.S. Dollar is holding on to recent gains against its European counterparts, but fell to the Yen and Oceanic currencies with less likelihood of stimulus expansion in Japan. The CAD and MXN slide on weakness in oil prices...

 
 

Forex Outlook

The Week in Focus: Aug. 1 – 5 Outlook

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After the Fed and BoJ decisions, the Bank of England's meeting will move the FX market in the week ahead. After the reduction in banks’ countercyclical capital buffer earlier this month, the MPC is expected to follow up with a cut in the Bank Rate...

 

The Week in Focus: July 25 – 29 Outlook

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In the coming week, the Fed and the Bank of Japan will convene for their policy meetings. The outcome of the meetings and future monetary policy will essentially determine the direction of the USD and JPY exchange rates in the near term...

 

Forex Research

Post Brexit Fed, ECB, BOE and BOJ Watch

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The world seems different these days following the Brexit vote and two days of a sell-off in the markets. The GBP is at its lowest level in three decades and the safe haven currencies are back in demand. So, what's next for the major central banks?

 

Yen Gains “Extremely Concerning”

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Speaking about the possibility of intervention by the Bank of Japan to stem the alarming rise in the yen, the Japanese Minister of Finance expressed concern about the recent JPY rally, while the BOJ Governor said his focus is on price stability...

 

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