BoA

Investing.com - Bank of America takes a look at the pair, seeing potential volatility ahead. At 07:55 EDT (11:55 GMT), the USD/CNY was trading 0.3% higher at 7.0849, up 1% over the past week. “We continue to believe that the upcoming US…

Investing.com - US election risk premiums are getting expensive in foreign exchange markets, according to Bank of America Securities, but they may actually be exaggerated. Historically, most FX trading volumes do not generate enough to…

Investing.com - A play on the Swiss franc's weakness has been the most bullish trade since the start of the year, according to Bank of America Securities, yet the currency has failed to weaken as much as expected. At 08:25 ET (12:25 GMT),…

The Federal Open Market Committee (FOMC) meets on the 30th and 31st:Statement due at 1400 ET (1800 GMT)Fed Chair Powell's press conference is in half an hour.Deutsche Bank expects nothing at this week's meeting:First 25bp cut in…

Investing.com - Further weakness in the Japanese yen appears likely, according to Bank of America Securities, citing its latest surveys of foreign exchange rates and interest rates.At 10:25 EST (14:25 GMT), it was trading 0.2% higher at…

Here's an unusual, and entertaining, take on the Federal Open Market Committee (FOMC) on Wednesday from Bank of America.“The Maradona Theory of Interest Rates is alive and kicking”Bank of England Governor Mervin King first formulated the…

Bank of America believes 2024 could be a transformative year for the Japanese yen (JPY) by implementing NISA (Nippon Individual Savings Account), a tax-exempt investment account for individuals. The bank expects this move to expand the…