Euro Drifting ahead of ECB Meeting
The euro is showing limited movement on Thursday, ahead of the ECB rate meeting. In […]
Aussie Hits 8-month High after Fed Meet
After a sluggish start to the week, AUD/USD bounced back on Wednesday with gains of […]
Euro/ECB About to Outhawk Both USD/Fed and GBP/BoE
Markets The Fed unanimously decided to raise its policy rate by 25 bps to 4.5%-4.75%, […]
One Phrase Is All It Takes
‘It is gratifying to see the disinflationary process now getting underway’ said the Federal Reserve […]
Tighter Monetary Policy – Lower Bond Yields
Market movers today While markets found Powell’s comments to be on the dovish side yesterday, […]
An End to the Tightening Cycle is on the FOMC’s Horizon
While rates are likely to remain at peak to end-2023 to guard against inflation risks, […]
FOMC Hikes Rates and Signals Yet More to Come
Summary As universally expected, the FOMC raised its target range for the federal funds rate […]
FOMC Meeting Recap: Powell Not Hawkish Enough, Traders Price in 50bps of Cuts by EOY
Today’s Fed meeting was always going to be more about what Jerome Powell and Company […]
EUR/USD upside breakout as Fed Powell said disinflationary process has started
US stocks staged a reversal while EUR/USD broke out to the upside on Fed Chair […]
FOMC Hikes Policy Rate by 25 Basis Points, Signals More to Come
The Federal Reserve Open Market Committee (FOMC) lifted the federal funds rate to the 4.5% […]
Fed Chair Jerome Powell press conference live stream
The post Fed Chair Jerome Powell press conference live stream appeared first on Action Forex.
NASDAQ completed double bottom, investors responded well to Fed
NASDAQ closed strongly up by 2.00% overnight to close at 11816.31. Fed’s 25bps rate hike […]