The Fed is expected to maintain current interest rates (4.25%-4.50%) and a cautious approach, emphasizing data-driven decisions. Market participants will focus on the Fed’s “dot plot” and Chair Powell’s press conference for clues about the timing and trajectory of future rate cuts. Technically, the US Dollar Index (DXY) is showing signs of potential recovery after […]
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For the past few weeks, many tech companies have struggled significantly as economic uncertainty has pushed financial markets down. Even most members of the Magnificent 7, the group of leading tech stocks responsible for much Read more…
The USD/JPY pair surged to 149.58 on Wednesday, marking its fourth consecutive day of gains as the Japanese yen extended its decline. The Bank of Japan’s (BoJ) latest policy decision failed to inspire confidence, leaving Read more…
U.S. equity futures edged cautiously higher Wednesday, while gold prices hit another all-time record, as investors braced for a crucial Federal Reserve rate decision, as well as commentary from Chairman Jerome Powell on the central Read more…