May is finally over, but inflation worries, the war, and high energy prices welcome the new month with us. Yesterday’s meeting between Joe Biden and Jerome Powell reminded investors that inflation is the policymakers’ primary concern, and both Biden and Powell will do anything in their power to fight soaring inflation. But if only Powell […]
The post May is Over, But Worries are Here to Stay appeared first on Action Forex.
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So far this week, USD/CHF has shown a strong rebound following the spike to the downside last Friday when US jobs data came out slightly higher than expected. However, we viewed this move as only Read more…
Markets The ECB as expected lowered the policy rates by 25 bps to 3% (deposit). The ECB will no longer reinvest some of the maturing PEPP bonds, allowing for a natural roll-off of the pandemic Read more…