The two most dovish of the world's largest central banks are due to deliberate on monetary policy today. What's more, they have both shown evidence of very early change in bearing and tempo.
The US Federal Reserve has raised rates, the European Central Bank may taper bond purchases, but the Bank of Japan is expected to keep the policy juice coming.
After showing as support in the first half of April, the parity level has come-back as resistance in Swissy. But are a series of higher-lows...Continue Reading