EUR/USD Sets Fresh 2022 Lows After the Fed
The Federal Reserve monetary policy decision yesterday boosted the US Dollar and the pair extends its losses today
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The Federal Reserve monetary policy decision yesterday boosted the US Dollar and the pair extends its losses today
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
The left chart below shows the EURUSD daily. The price moved from the bullish area (upper blue and red bands) to the bearish region (lower blue and lower red bands). The lower band has turned down (black ellipse). If the upper band pushes out (green square), it will signal a further expansion in inherent volatility. The righthand chart shows the EURUSD hourly. The trend-following indicators have turned down (black ellipse),…
The Fed will release the FOMC statement at 7:00 pm GMT today, followed by a press conference thirty minutes later. The market expects confirmation that its rate hiking cycle will begin in March. The prospect of tightening is one of the reasons that the market shifted to a risk-off sentiment during January. However, inflation is currently at 7%, a threat to the Fed's price stability mandate. This poses a problem…
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
Last week was negative due to broader risk aversion, despite Friday’s bounce, with the same mood persisting at the beginning of the current one
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
Netflix’s plunge on today’s open, broader risk-aversion, inflation fears and monetary tightening expectations, were some of this week’s main themes
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
Eurozone Consumer Price Index did not offer any surprises and the common currency struggles to stay in positive territory, following Wednesday’s rebound
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