Following the September meeting of the FOMC we have raised our terminal forecast rate for the federal funds rate from 4.125% to 4.625% peaking at the January 2023 FOMC meeting. That forecast follows the near term guidance we saw from the FOMC in their latest Report. That entails us lifting our expectation for the November […]
The post We Have Lowered Our AUD Forecast to US 65¢ by End 2022 appeared first on Action Forex.
GBP/CAD is entering a decisive moment as markets prepare for two key economic releases today: UK January GDP and Canada’s February employment report. The data arrives just days before the BoC’s policy decision on March Read more…
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Key Highlights USD/JPY remained in a bullish zone and climbed above 158.00. A key bullish trend line is forming with support at 158.20 on the 4-hour chart. Bitcoin could form a base for a move Read more…