The pair extends its losses below critical tech levels this week, in the aftermath of the Fed’s hawkish hold and the dovish hike by its European counterpart in this month’s round of policy decisions
The pair sets fresh eleven-month highs today, after last week’s policy decisions by the two central banks, maintained the favorable monetary policy differential
Take a look at some major corporations that will be in the spotlight over the coming months, as the fourth quarter gets underway against diminishing AI frenzy and uncertain monetary outlook
USOil dropped last week after the Fed’s hawkish stance and fears over US government shutdown reignite, but supply curbs support prices
The tech heavy index runs a negative week and month, as the Fed pointed to tighter policy path ahead than previously thought, counter-weighing the AI optimism which has subsided
Take a look at some major corporations that will be in the spotlight over the coming months, as the fourth quarter gets underway against diminishing AI frenzy and uncertain monetary outlook
The pair took a one-two punch this week, as both central banks paused their rate hiking cycles, but the Fed offered a clearer and more hawkish outlook compared to its UK counterpart
The BoJ did not change the ultra-accommodative stance and reiterated the commitment to continue with monetary easing, despite elevated inflation and recent hints towards normalization by its governor
Watch today’s US Open for insights on the rate holds by the US Fed and the Bank of England, as well as the upcoming policy decision by their Japanese counterpart
The Bank of England held rates at 5.25% after fourteen consecutive hikes in a 4-5 split decision, with doves emboldened by Wednesday’s soft inflation report
The US Fed kept rates unchanged on Wednesday and sent the pair lower, just a week after its European counterpart had raised them, but indicated that it may have reached the peak
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