**Forex | Swing**
**USD/CAD Long**
September 22, 2022 | 08:30:31 UTC
The USD/CAD has extended the earlier gains of the day following the decision of the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve to raise interest rates by 75 basis points, thus meeting market expectations. This move ended days of speculation as to whether the Fed could go further by 100 basis points. The USD/CAD is trading at 0.21% after the announcement.
The USD/CAD had ended the 21 September trading day by 98 pips to the green after the Loonie was hit by massive risk-off sentiment following the announcement of the active deployment of 300,000 reservists in Russia to join the combat zone in Ukraine. The escalation promoted a rush into the safe-haven greenback, sending the USD/CAD to its highest levels in two years. As a consequence, bond yields in Canada eased across the curve.
With the increase in interest rates, the USD/CAD is expected to extend its gains into the weekend.

USD/CAD Long (Buy)
Enter at: 1.34762
T.P_1: 1.37142
T.P_2: 1.40422
T.P_3: 1.43478
S.L: 1.30131

**Forex | Swing**
**USD/CHF Long**
September 22, 2022 | 08:51:49 UTC
At its September quarterly monetary policy assessment, the Swiss National Bank (SN hiked its benchmark sight deposit interest rate by 75 bps to 0.50% from -0.25% previous, as widely anticipated.
In the June meeting, the central bank surprised markets with a 50 bps increase, its first rate hike since September 2007. The dramatic move sent the Swiss franc surging more than 2% against the common currency.
In an initial reaction to the SNB rate hike decision, the USD/CHF pair spiked to fresh two-week highs of 0.9759, where it now wavers. The spot is adding 0.95% on the day.

About SNB Rate Decision –
The Swiss National Bank conducts the country’s monetary policy as an independent central bank. It is obliged by the Constitution and; by statute to act in the interests of the country as a whole. Its primary goal is to ensure price stability while taking due account economic developments. In so doing, it creates an appropriate environment for economic growth.
USD/CHF Long (Buy)
Enter at: 0.98047
T.P_1: 0.98837
T.P_2: 1.00325
T.P_3: 1.01395
T.P_4: 1.03162
S.L: 0.95999

**Forex | Swing**
**USD/TRY Long**
September 28, 2022 | 08:58:55 UTC
USD/TRY hit new record high in fresh bullish acceleration after the pair traded within a narrow range, slightly elevated higher consolidation, a part of a larger uptrend from Dec 2021 trough at 10.2017. In addition to overall weakness on slowing economic growth and record-high inflation, lira was hurt lately by surprise action from Turkey’s central bank, which cut its interest rate by another 100 basis points on the policy meeting last week.
Turkey’s central bank brought its benchmark interest rate to 12%, disappointing wide expectations for 50 basis points cut, reducing its borrowing cost by 1% for the second consecutive month after it cut its interest rate by 700 basis points during the past year.