Summary We look for the FOMC to deliver its fourth consecutive 75 bps rate hike at the conclusion of its meeting on November 2. Inflation continues to run much too hot for the FOMC, and the labor market remains extraordinarily tight. The odds of a 100 bps rate hike on November 2 are low, in […]
The post November Flashlight for the FOMC Blackout Period: Our Expectations Ahead of the November 2nd FOMC Meeting appeared first on Action Forex.
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.35 per cent. Inflation picked up materially in the second half of 2025, and information since the Read more…
Key takeaways Macro risks and policy divergence in focus: Markets are bracing for the Reserve Bank of Australia rate decision, while strong US data reinforces a “higher-for-longer” Fed stance. Meanwhile, escalating US–Iran tensions have pushed Read more…
Key Highlights Gold started a fresh decline below the $4,650 support. A connecting bearish trend line is forming with resistance at $4,610 on the 4-hour chart. WTI Crude Oil regained traction and climbed above $105. Read more…