Tag - federal reserve

Fed may set new track for USD and stocks today
Fed may set new track for USD and stocks today

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.

Greatest bitcoin sale in a year!
Greatest bitcoin sale in a year!

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.

Rise of NZD, dovish Fed, and stocks indices' sell-off
Rise of NZD, dovish Fed, and stocks indices' sell-off

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.

What to expect from FOMC?
What to expect from FOMC?

This Wednesday the FOMC will give economic projections, which will have a huge impact on the Forex market.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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