Forex Today: It's all about Fed policy decisions and Powell's presser – by eren_fxstreet Currencies Majors Fed Macroeconomics Commodities
stays quiet near 102.00 early Wednesday after having snapped a three-day winning streak on Tuesday. The positive shift witnessed in risk sentiment following the Employment Cost Index data, which rose at a softer pace than expected in the fourth quarter, made it difficult for the US Dollar to outperform its rivals in the American session. Meanwhile, the benchmark 10-year US Treasury bond yield retreated to 3.5% and Wall Street's main indexes registered strong daily gains.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forex Today: Fears and hopes mix ahead of Fed’s announcementWhat you need to take care of on Wednesday, February 1: Financial markets were quite volatile on Tuesday, as market players aimed to anticipate the up
Read more »
Forex Today: Quiet start to big central bank weekHere is what you need to know on Monday, January 30: Markets stay relatively quiet early Monday as investors move to the sidelines to gear up for crit
Read more »
Forex Today: Bitcoin Reaches 6-Month HighBitcoin Up 40% Since 2022; Global Stocks Mostly Falling; Yen Strengthens, Aussie Weakens.
Read more »
4 ways Powell could tell markets the Fed isn't ready to pivotSome economists think that Fed Chairman Jerome Powell will want to push back against expectations the central bank is almost done with rate hikes.
Read more »
Forex Today: US Dollar benefits from risk averse moodWhat you need to take care of on Tuesday, January 31: The US Dollar posted a modest advance at the beginning of the week, backed by a dismal market mo
Read more »
Forex Today: US Dollar clings to modest recovery gains ahead of mid-tier dataForex Today: US Dollar clings to modest recovery gains ahead of mid-tier data – by eren_fxstreet Currencies Majors Macroeconomics Commodities CryptoCurrencies
Read more »