FOMC DECISION – APRIL 30- MAY 1 MEETING The Fed holds interest rates steady at the end of its April 30-May 1 meeting, in line with expectations Forward guidance in the FOMC statement remains unchanged but the inflation characterization was tweaked Gold and the U.S. dollar have consolidated their pre-announcement bias as traders await Powell’s … ادامه
Japanese Yen (USD/JPY) Analysis and Charts USD/JPY inches up in a market fixated on what the Fed will have to say This week’s roller-coaster ride has calmed down However, the Yen remains under pressure Recommended by David Cottle Get Your Free JPY Forecast The Japanese Yen was lower again against the United States Dollar on … ادامه
Euro (EUR/USD) Analysis and Chart The Euro is struggling against a resurgent US dollar as rate-cut expectations between the two continue to widen. Today’s FOMC may underpin thoughts that the Fed is comfortable with rates staying higher for longer. No policy change is expected but the post-FOMC press conference may give some much-needed clarity. A … ادامه
US Dollar (DXY) Analysis Rising price pressures and employment costs elevate USD and yields ahead of FOMC US dollar index tests key upside level but markets may be in for disappointment Major risk events ahead: FOMC, ISM PMI, ADP and JOLTs data, NFP on Friday Get your hands on the U.S. dollar Q2 outlook today … ادامه
Most Read: S&P 500 Trade Setup: Bearish Reversal in Play ahead of Confluence Resistance The Federal Reserve is poised to unveil its monetary policy decision from the April 30-May 1 gathering on Wednesday, with expectations indicating that the FOMC will maintain borrowing costs within the current range of 5.25% to 5.50% and leave forward guidance … ادامه
Oil (Brent Crude, WTI) Analysis Topside surprise in US employment costs stoke USD and ‘higher for longer’ narrative ahead of FOMC meeting EIA revision sees US oil demand rise in February Brent crude, WTI turn lower with key support levels in sight Get your hands on the Oil Q2 outlook today for exclusive insights into … ادامه
British Pound: GBP/USD Analysis and Charts GBP/USD gains have halted close to its 200-day moving average This may be merely a pause for breath What the Fed has to say will now be key Download are Q2 British Pound Technical and Fundamental Outlooks for free below: Recommended by David Cottle Get Your Free GBP Forecast … ادامه
Euro (EUR/USD, EUR/GBP) Analysis EU inflation steadies and growth may have turned the corner EUR/USD recovers after EU GDP and inflation data EUR/GBP attempts to halt the decline Get your hands on the Euro Q2 outlook today for exclusive insights into key market catalysts that should be on every trader’s radar: Recommended by Richard Snow … ادامه
Risk Sentiment: VIX, Gold, and US Dollar Analysis and Charts The VIX has slumped by nearly 32% in the last seven sessions. US Dollar remains ahead of the FOMC decision and NFP report. Gold slipping lower as negative technical pattern begins to play out. Download our Q2 US Dollar Technical and Fundamental Forecasts for free … ادامه
Most Read: Aussie Dollar Technical Analysis – AUD/USD, AUD/NZD, AUD/JPY Price Setups The U.S. dollar (DXY) sank at the start of the week, giving back a portion of Friday’s gains, with the pullback likely attributed to a moderate drop in U.S. Treasury yields ahead of two hot-impact market events later in the week: the Federal … ادامه