Weekly update for EUR/USD, USD/CAD, gold, and stocks
Tag - federal reserve
The NZD rocketed after the Reserve Bank of New Zealand claimed it would end quantitative easing this month. Jump in to know more!
Much impactful news will come out! Read the article to get fresh trade ideas for the whole week!
The USD and the JPY are rising as safe havens. Oil is moving down amid the OPEC+ uncertainty. Apple stock is near the record high and may advance more. Watch the video to learn more!
The US Dollar Index bounced back at the first trading day of the week after a long weekend.
Gold has surged above the psychological mark of $1800 ahead of the Minutes from the Fed’s meeting. Read the article to get ideas on EUR/USD, Gold, and USD/JPY!
Federal Open Market Committee, a committee within the Federal Reserve System (the Fed), will reveal a detailed record of the most recent meeting on July 7 at 21:00 MT.
The US Jobs Report came in with much better-than-expected data.
Nikkei 225 has sharply dropped after the hawkish surprise from the Federal Reserve.
The US dollar has surged to levels unseen since April after the Fed's decision back on Wednesday. Gold has reversed up from the local dips. Still, this week was the worst for gold in more than a year.
The Federal Reserve kept the current policy as widely expected. However, the surprise came from the Dot Plot.
The Fed made a hawkish surprise! The bank would start a discussion about scaling back bond purchases. Besides, it is likely to make two interest-rate increases by the end of 2023 (sooner than expected)!