The number of Americans asking for new unemployment benefits unexpectedly jumped last week.
The Fed pledged to keep near-zero rates at least through 2023. The dovish message pressed down the US dollar. As a result, EUR/USD and GBP/USD surged.
The market optimism waned ahead of the Fed meeting: stock indices dropped, gold and the USD rose.
BOJ shares its interest rate and monetary policy on March 19.
Bank of England announces the rate and the monetary policy report on March 18, at 14:00 MT time.
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The US Fed rate will be announced on March 17, at 20:00 MT time.
Yesterday, S&P surged to the all-time high of 3960, driven by Biden’s $1.9 trillion relief bill. Today the stock index has taken a break. Meanwhile, the US dollar is edging higher today, pressing down its peers.
“Help is here,” Biden tweeted as the House passed the much-awaited $1.9 trillion COVID-19 relief bill.
GameStop is back! It has already surged by 14% in pre-trade hours.
On Wednesday, Russia’s department of communications control Roskomnadzor slowed down Twitter’s speed. What does it mean for the stock?
Brazil is struggling on both the humanitarian and the financial frontы. As a result, Brazilian real is weakening