US stocks initially jumped after Fed hinted in the statement that pace of tightening could slow ahead. But sentiment reversed after Fed chair Jerome Powell indicated that slower pace of hikes might come soon, Fed could end up at a higher terminal rate. In short, comparing to last statement, Fed added, “in determining the pace […]
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EURCHF reversed from support zone Likely to rise to resistance level 0.9360 EURCHF currency pair recently reversed up from the support zone located between the long-term support level 0.9250 (which has been reversing the price Read more…
EURGBP reversed from support zone Likely to rise to resistance level 0.8375 EURGBP currency pair previously reversed up from the support area located at the intersection of the support level 0.8260 (which stopped the previous Read more…
Home buyers may have to wait until 2025 for mortgage rates to decrease. The average 30-year mortgage rate rose to 6.84% last week, continuing its consistent weekly increase since September. The moderate housing market during Read more…