The post Eco Data 8/1/22 appeared first on Action Forex.
Fed is widely expected to leave its benchmark interest rate unchanged at 4.25–4.50% today. With no update to its economic projections or dot plot this time, attention will turn squarely to the post-meeting statement and Read more…
Key Highlights GBP/USD found support near 1.3250 and started a fresh increase. It cleared a key bearish trend line with resistance at 1.3300 on the 4-hour chart. EUR/USD is consolidating above the 1.1250 support zone. Read more…
China’s central bank has announced a sweeping set of monetary policy measures to support its economy, starting with a 10bps cut in the seven-day reverse repo rate to 1.40%, effective May 8. In a more Read more…