In focus today Today’s main event will be the FOMC meeting, where we expect a 25bp rate cut. The cut is fully priced in, and markets have even speculated about the slim chance for a larger 50bp move. We will pay close attention to the Fed’s updated rate projections, which could offer key insight into […]
The post FOMC Meeting Takes the Spotlight as Markets Anticipate a Cut appeared first on Action Forex.
Eurozone producer price inflation accelerated sharply in March, with PPI rising 3.4% mom and 2.1% yoy, exceeding expectations of 3.3% mom and 1.8% yoy. The increase was driven overwhelmingly by energy costs, highlighting the growing Read more…
EUR/USD rose to 1.1717 on Wednesday, snapping a three-day losing streak. Pressure on the US dollar stems from growing expectations that the US will reach a negotiated settlement with Iran, reducing demand for the USD Read more…
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