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Week ahead in Forex Markets (Oct 3 – 7), Main focus on RBA, RBNZ’s rate hikes and the US Non Farm payroll data

As we are entering the last quarter of the year, We have major news releases like RBA, RBNZ interest rate decision and the USD’s Non Farm Payroll  Major Economic events RBA’s policy decision (Oct 3, 11:30 pm GMT)The RBA may increase rates by a another 50 basis points. Or, with a 25bps rate hike, will members let off the gas… Read More »Week ahead in Forex Markets (Oct 3 – 7), Main focus on RBA, RBNZ’s rate hikes and the US Non Farm payroll data

Today (22-September-2022) – Important Market Updates

USD – Fed announces another 0.75 percentage point increase in interest rates JPY – BOJ keeps ultra-low rates, dovish policy guidance CHF – The Swiss National Bank raises interest rates to 0.5% in order to cool the country’s raging inflation. GBP – Bank of England hiked interest rates for a seventh straight time for 50 bps