© Reuters. U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Samuel Indyk and Rae Wee LONDON (Reuters) – The dollar extended losses on Thursday, a day after the Federal Reserve delivered what some expect to be its last rate hike, while the market’s focus shifted across the Atlantic
Share: The most important aspect of today’s ECB policy meeting is any guidance on what happens next. Economists at Rabobank analyze EUR outlook. Risks for EUR/GBP seen as being well balanced It is our house view that ECB rates could reach their peak today, though we acknowledge that the risk of one more
EUROPEAN CENTRAL BANK (ECB) PREVIEW: Recommended by Zain Vawda Get Your Free EUR Forecast READ MORE: Fed Hikes Rates After Short Pause, Gold and US Dollar Forge Separate Paths Central Banks take center stage this week with the Federal Reserve kicking things off with eyes now turning to the European Central Bank (ECB) and President
Yesterday, the Fed hiked interest rates by 25 bps bringing the FFR to 5.25-5.50% as widely expected. The policy statement was left basically unchanged, so the market couldn’t get any signal for the next moves. In fact, the focus was not on the decision itself, but on the forward guidance. Fed Chair Powell in his
Gold, XAU/USD, Fed, Golden Cross – Market Update: Gold prices slightly higher in the aftermath of the Fed A Golden Cross is forming between key moving averages Is this a sign that further upside progress is in store? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices were left slightly higher in the
S&P 500, SPX, NASDAQ 100, NDX – Price Action: US indices steady after widely-expected Fed rate hike. Earnings, China stimulus, and resilient global growth are supportive. Extreme optimism, overbought conditions, overcrowded positioning, and seasonality are potential headwinds. What is the outlook for the Dow, the S&P 500 index, and the Nasdaq 100 index? Recommended by
With the new update we are able to see the trend direction and strength and also the trend start line is drawn on the chart so its easy to see if a divergence is created and reversal is possible ! In the first picture we are just above the bulish trendline and reaching the supply
© Reuters. Investing.com — Most Asian currencies rose on Thursday, benefiting from weakness in the dollar after the Federal Reserve hiked interest rates as expected, but also downplayed expectations for a U.S. recession this year. The central bank flagged improvements in U.S. inflation, and also said that future rate hikes will be dependent on economic
Share: Learn the Insider Secrets of what the Top Hedge Funds are doing TODAY to maximize their upside and gains. In May 2023, Kimberly-Clark Corporation (NYSE:KMB) stock climbed to a 52-week high of $147.87. However, the stock has failed to hold those gains and heading into the company’s earnings report, KMB stock turned
US Dollar Vs Euro, British Pound, Japanese Yen – Outlook: USD slipped after Fed hiked rates, in line with expectations. Key focus now shifts to ECB and BOJ meetings. What has changed for EUR/USD, GBP/USD, and USD/JPY? Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast The US dollar slipped but held well
