In this article, you'll find answers to major questions about the USD. Why is it rising? When will its dominance end?
Tag - federal reserve
Gold is heading for its first quarterly decline since 2018! The main reason for that is the strong US dollar.
Gold prices rose to an over two-week high on Wednesday after the Federal Reserve’s decision. How to trade it now?
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.
FOMC's report provided positive feedback on the current domestic US economic dynamics. However, a rather dovish outlook made the US dollar weak, resulting in the USD's plunge in the currency pairs across the Forex market.
What is the likely scenario for the Wednesday Fed report and the US interest rate in 2023? Let's see...
So many meetings are going to move the currencies!
Wow! There are so many events happening right now in the Forex market. Jump in to know!
Fed Chair Jerome Powell will testify today at 19:05 MT time. This event is crucial for traders as the tone of the speech may set the risk tone for the markets for the next two weeks.
Bitcoin has fallen enormously amid the wider sell-off in risk assets. The cryptocurrency plunged by nearly 20% this week, marking the largest drop since March.
Stock indices S&P 500 and Nasdaq are falling for seven days in a row. The New Zealand dollar skyrocketed to almost two-years highs. Fed’s Powell held a meeting yesterday and said that the central bank wouldn’t tight its easing policy anytime soon.
A new week starts with fresh tops of the oil market, crypto, and bond yields…