FOMC INTEREST RATE DECISION KEY POINTS The Federal Reserve stands pat on monetary policy, keeping interest rates unchanged at 5.25%-5.50% for the second straight meeting Forward guidance leaves the door open for further policy firming Gold and the U.S. dollar display limited volatility after the FOMC statement was released as traders await Powell’s press conference
Bank of England Preview Interest rates are expected to remain on hold as price pressures ease BoE may discuss a rethink of their QT process as the ‘term premium’ complicates the selling of longer-dater issuances Markets look to incoming economic data for clues on economic stress, GDP up next UK housing market squeeze and lowest
Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter EUR/USD FORECAST – TECHNICAL ANALYSIS EUR/USD rebounded on Thursday after a subdued performance during the previous trading session, but gains were capped by soaring U.S. Treasury rates, a hostile market environment that appears
EUR/USD Price, Chart, and Analysis EUR/USD topped 1.10 After Jul’s US Inflation Data Core CPI’s Deceleration Trend Remains In Place even as headline inflation ticked up Eurozone inflation expectations remain uncomfortably high Recommended by David Cottle How to Trade EUR/USD The Euro popped above its last ten days’ trading range against the United States Dollar
