Fed is set to keep interest rates unchanged at 4.25-4.50% today. The focus will be on the updated economic projections, which may drop hints that Fed is beginning to pre-empt a full-blown trade war into its outlook. Additionally, another key element to watch will be the closely followed “dot plot”, which will reveal whether Fed […]
The post Fed to stand pat, watch for signs of trade war fallout in new projections appeared first on Action Forex.
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…