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The Fed maintained its monetary policy unchanged as widely anticipated. Lower rate and inflation projections together with more dovish wording in the statement and from Powell sparked a post-meeting rally in the markets. The Fed did not attempt to guide the market against the easing in financial conditions. We see this as a strong signal […]

The post Fed Review: Rising Optimism appeared first on Action Forex.

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December FOMC: Dipping Dots – The Monetary Policy of the Future

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Fed Holds Rates, Signals More Rate Cuts in 2024

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11/04/2024

Euro Stabilizes Ahead of ECB Decision

The euro is steady on Thursday, after sliding over 1% on Wednesday following the hot US inflation report. In the European session, EUR/USD is trading at 1.0745, down 0.03%. ECB widely expected to hold rates The European Central Bank meets later today and is widely expected to hold the deposit rate at 4% for a […]
30/01/2024

USD in Limbo as Market Anticipates Fed’s Decision

The EUR/USD currency pair is experiencing minimal fluctuations as it consolidates around 1.0840 this Monday. The focus of market players is squarely on the upcoming meeting of the US Federal Reserve System, which is poised to be the week’s pivotal event. The outcome of this meeting is highly anticipated, as the Fed will disclose whether […]
07/06/2024

Crypto Market Quiet

Market picture The crypto market capitalisation remained almost unchanged overnight at $2.63 trillion, showing a sharp decline in volatility. Bitcoin settled near the $71K level (+0.2%), while Ethereum settled near $3800 (-0.9 %). Prices of top altcoins changed between -1.2 % (Avalanche) and +2.7% (Toncoin). The lull in the crypto market is probably due to […]