EUR/USD Swings Wildly Post Key Central Bank Decisions: Downside Bias Taking Hold

From Investing.com:

Key central banks’ decisions have influenced financial markets this week. The Bank of Japan raised rates for the first time since 2007, but it was not as significant as expected. The Swiss National Bank surprised the market with a rate cut, causing the franc to weaken. The Fed did not announce a pivot date, leaving the EUR/USD pair uncertain. The Bank of England maintained its current policy, with a focus on bringing inflation back to target levels. Explore AI-powered stock selection tools for investing like the big funds from home in 2024 with ProPicks.



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