EUR/USD: FOMC Meeting Results: Why the Dollar Is Falling and Stocks Are Rising ● So, the meeting of the FOMC (Federal Open Market Committee) of the US Federal Reserve took place on Wednesday, July 27. There were no doubts that the key interest rate would be raised. But how much? By 100 basis points (bp),
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EUR/USD: The ECB’s Monetary Experiment: Crossing a Hawk with a Dove ● The single European currency showed slight growth at the beginning of last week, fixing a local high at 1.0272. There are three reasons for this. The first and most banal one is a corrective rebound after the EUR/USD pair, having broken through the
EUR/USD: Just a Calm Week ● The last week was quite calm for the EUR/USD pair. It moved along the Pivot Point 1.0500, and the maximum range of fluctuations was less than 140 points (1.0468-1.0605), which is quite small for today. President Joe Biden’s appeal to the US Congress, with the exception of a