Forex Today: Dollar tumbles, shows few signs of life – by MSalordFX Currencies DollarIndex Fed
had its worst week in months, as risk appetite weighed on the Greenback despite the hawkish tone from Federal Reserve Chair Jerome Powell. The DXY dropped to 102.00, the weakest level in four weeks. US data showed that inflation continues to slow down. With a live FOMC meeting in July, economic data from the US have become more relevant, as well as comments from Fed officials.will present the semiannual monetary policy report to Congress on Wednesday and Thursday.
00%; however, should core inflation tick higher in May, we would likely revise that forecast higher to reflect a need for tighter monetary policy. In the event inflation comes in softer than expected, softer price pressures could take some pressure off of the U.K. economy, although a shift to interest rate cuts is likely a ways off.retreated from the 20-week Simple Moving Average at 0.9110, ending the week below 0.9000.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Forex Today: A hawkish hold from the Fed helps the DollarAfter a busy day with the FOMC meeting, another busy day lies ahead. During the Asian session, New Zealand will report Q1 GDP, Japan will release Mach
Weiterlesen »
Forex Today: US Dollar extends Fed-inspired rebound, ECB next to unveil policyForex Today: US Dollar extends Fed-inspired rebound, ECB next to unveil policy – by eren_fxstreet Majors Currencies Macroeconomics Commodities CentralBanks
Weiterlesen »
Forex Today: Dollar tumbles, ECB hikes, and BoJ unlikely to tweakThe last top-tier event of the week will be the Bank of Japan's decision during the Asian session. Later in the day, the University of Michigan will r
Weiterlesen »
MakerDAO Hikes DAI Savings Rate, Ousts Paxos Dollar, Curbs Gemini Dollar in ReserveIn a slew of votes, MakerDAO approved increasing the reward for holding its $DAI stablecoin to 3.49% from 1%, ousted Paxos Dollar from the stablecoin reserve and favored reducing Gemini Dollar. sndr_krisztian reports
Weiterlesen »
EUR/USD Forex Signal: Waits for the ECB Interest Rate DecisiThe EUR/USD pair wavered in the overnight session after the Federal Reserve delivered its June interest rate decision.
Weiterlesen »
USD/JPY Forex Signal: Bullish Breakout to 7-Month High AboveMy previous USD/JPY signal on 4th May produced a profitable short trade from the bearish rejection of the resistance level at \u00A5134.83.
Weiterlesen »