Key U.S. Data and Central Banks Drive the Last Full Trading Week of the Year

The focus of the week was the FOMC meeting. The U.S. Federal Reserve cut interest rates for the third meeting in a row, lowering the policy rate to 3.50%–3.75%. After the decision, Fed Chair Powell sounded more open to further rate cuts than markets expected. This supported U.S. stocks and gold and led to continued […]

The post Key U.S. Data and Central Banks Drive the Last Full Trading Week of the Year appeared first on ActionForex.