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Today's All Things Forex Broadcast: SNB Weakens the CHF- Are the BoJ and JPY Next?

|Includes: SPDR Dow Jones Industrial Average ETF (DIA), EEA, GBB, GOLD, JYN, UDN, USD

In the broadcast today: SNB Weakens the CHF- Are the BoJ and JPY Next? In light of this morning's surprising move by the Swiss National Bank and ahead of the Bank of Japan's monetary policy meeting, we continue to focus on the safe haven currencies and ponder if the Bank of Japan would follow the footsteps of the Swiss National Bank in an attempt to weaken the JPY, we analyze the latest trend developments with the USD/JPY currency pair, we examine the bounces in the EUR/CHF and USD/CHF pairs, we take a close look at the EUR/USD and GBP/USD pairs ahead of the European Central Bank and the Bank of England interest rate announcements, we highlight the market's reaction to the unexpected rate cut by the Swiss National Bank, the Chinese Non-Manufacturing PMI, the Euro-zone Retail Sales, and the U.K. and the Euro-zone Services PMI, we discuss new forecasts from Deutsche Bank and Commerzbank, and prepare for the trading session ahead.

 

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