Ahead of the FOMC decision, the Fed funds futures market was pricing in 55 basis points of easing this year. That’s shifted to 65 bps …
Category: Forex Short News
I’m having a hard time seeing any big changes from Powell’s press conference and the FOMC today. If anything, the big one is that officials …
A look at the Fed Chair Powell’s comments categorized by topic 1. Monetary Policy & Rate Decisions We are not in any hurry to move …
The stocks are not scared by the Fed chair’s comments about the economy and policy action going forward and are rising sharply. The S&P index …
The USDJPY has moved to new session lows and in the process has broken below its 100 hour moving average 149.016. Recall that on Monday, …
We will be working to separate tariff from non-tariff inflation It’s too soon to say if it will be appropriate to look through the effects …
EURUSD remains within a defined support and resistance range after the FOMC decision, with price action holding key technical levels. The resistance target near 1.0936 …
Unemployment rate in a narrow range for the last year Labor market conditions broadly in balance Labor market not a source of inflationary pressures Surveys …
Come for the opening statement highlighting ‘uncertainty’, stay for the press conference highlighting ‘uncertainty’. This article was written by Adam Button at www.forexlive.com.
The Fed decision emphasized uncertainty in the outlook in light of fights over US tariffs and fiscal policy. Expect Powell to be quizzed about that …