The dollar and the euro are trading in a range as attention shifts to the FOMC meeting, which is unlikely to offer anything unexpected at this point. Today’s markets are still risk-averse, but selling has slowed slightly. On risk-off sentiment, commodity currencies remain the worst, as the Australian dollar ignores higher-than-expected inflation data. The yen […]
As traders await the FOMC minutes, the dollar and the rest of the currency markets are often range-bound. Discussions on the date of tapering, which was not explicitly mentioned in the announcement, as well as economic estimates, will be the central objective. As worldwide mood has improved, the dollar’s surge seems to be shedding strength. […]
The dollar has risen after the Federal Reserve boosted its median federal funds’ rate prediction for 2023 from 0.1 percent to 0.6 percent. That is, by the end of 2023, two rate hikes are possible. In addition, seven FOMC members expect one or more rate hikes in 2022, compared to four in March. By 2023, […]
Markets will be watching the FOMC statement and projections for fresh information this week. The American session is fairly quiet today, with few reactions to the G7 conference. China and Hong Kong are also celebrating a one-day holiday. Commodity currencies are firming slightly, while the Swiss Franc and the Yen are weakening. All major pairs […]
The euro exchange rate on Thursday remained practically unchanged. The EUR/USD pair is currently trading at 1.1880, up 0.07% over the day.At the beginning of the week, the euro was very hot: the EUR/USD pair rose by almost 1.0% and for the first time in two weeks climbed above the 1.19 level. However, the pair […]
Feroarings yn bûtenlânske merkmerken yn reaksje op 'e Amerikaanske ferkiezings wiene relatyf wifkjend yn ferliking mei sterke risikofolle bewegingen yn oandielen. De dollarferkeap is einlings begon as de merk hjoed de Amerikaanske sesje yngiet. Wylst de útkomst fan 'e Amerikaanske presidintsferkiezings noch ûnbekend is, wiene ynvestearders entûsjast om oandielen heger te drukken. De federale […]
Nei it beslút fan 'e Federal Open Market Committee (FOMC) om it rintetaryf ûnferoare te hâlden yn' e doelgroep fan 0-0.25%, kommenteart foarsitter fan 'e ried fan bestjoeren fan it Federal Reserve System Jerome Powell oer de beliedsfoarútsichten. Jerome H. Powell naam oer as foarsitter fan 'e ried fan bestjoerders fan' e Federal [...]
