On May 4, the US Federal Reserve revealed the federal funds rate for the next two months. Even though a 50 basis points hike was widely expected, the future is not so clear. Let’s figure it out bit by bit!
Tag - usd
This week, the majors will be affected by the interest rate decision by the Federal Reserve, NFP, the BOE Meeting, and more events.
Whenever inflation exceeds 4% and unemployment falls below 5%, the US economy enters a recession in two years.
Reasons behind the USD's advance, the earnings season in the United States, the outlook for EUR, JPY, Apple, Amazon, and more in this video!
Dovish ECB and hawkish Fed paint a bearish outlook for the EUR/USD. Is declining to 1.0770 the next stop?
Last week, EURUSD broke below a significant support level, the gas price retested its October high, and the oil prices managed to correct lower on the bearish signs of more oil supplies coming into the market.
The move by the US and its Western allies to freeze most of Russia's foreign exchange reserves has raised fears that the US dollar is being used as a weapon. That could wreck the greenback's dominance.
This week, we will continue monitoring the developments in the stock and commodity markets as tensions between Ukraine and Russia and Fed’s tightening cycle remain the main issues driving the markets.
Last week, there were sharp swings in USDJPY, a decline in oil prices, and a surge in Tesla stock. What's next?
NFP is one of the most awaited American indicators. However, it seems to be overshadowed by recent events including rising inflation and the commodity crisis.
Watch the video to discover what's happening with US500, Japanese yen, US dollar, gold, oil, and gas.
What happened? Historically investors treated the Japanese Yen as a safe haven in times of world crisis…