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Breaking News
  • Pound Sterling Dips as Iran-Israel Conflict Lifts Dollar Demand
  • EU Gas Markets Brace for Methane Rules and Russian Import Phase-Out
  • USD/JPY Hold Steady After Remarkable Surge on Middle East Tensions and BoJ Caution
  • Adobe Stock Falls Despite Robust Earnings as AI Hopes Waver
  • Chaos Hedge Gold and Oil Surge as Israeli Strikes on Iran Ignite Broader Conflict Fears

Euro continues its negative creep against USD 21/9/2023

Adel Daily Technical Analysis, Technical Analysis

For the second session in a row, the single European currency failed to stabilize for a long time by the resistance of the psychological barrier 1.0700, so it returned to trading negatively again within the expected bearish path during the previous technical report, touching the first official target 1.0630, recording …

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Market Drivers Post FOMC Decision, September 20

Mohamed Abdelhamid Commodities, Forex Market, Market Update

The US central bank unanimously decided to keep interest rates at 5.25-5.50%. Comparing the Fed’s announcement to the July meeting, there were little differences. The majority of FOMC members predicted that another rate increase might be necessary before the year is through. During the press conference, Fed Chair Powell made …

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Wall Street dimmed post-FOMC decision

Mohamed Abdelhamid Global Stock Market, Market Update

After the US Federal Reserve kept key interest rates unchanged and revised economic projections higher, Wall Street declined even as Fed Chair Jerome Powell warned the battle against inflation was far from over. All three major US stock indexes whipsawed in the wake of the announcement and the accompanying Summary …

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Powell’s Recap: Warns of Gov Shutdown, Comments on Soft Landing

Mohamed Abdelhamid Daily Economic Reports, Economic Report, Forex Market, Global Stock Market, Market Update

The benchmark funds rate was held unchanged in September by the Fed in a range of 5.25% to 5.5%. Jerome Powell, the chair of the Fed, has provided his forecast on rates, the economy, and the possibility of a gentle landing. The central bank has increased its benchmark borrowing rate …

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Fed’s Dot Plot indicates possible one more rate hike in 2023

Mohamed Abdelhamid Daily Economic Reports, Economic Report, Forex Market, Market Update

According to median projections provided on Wednesday, the Federal Reserve still expects to raise interest rates once more before the end of the year.The median forecast for the federal funds rate at the end of this year, according to the central bank’s most recent Summary of Economic Projections, is 5.6%, …

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Fed’s policy statement adopts obvious hawkish language

Mohamed Abdelhamid Forex Market, Market Update

FOMC minutes

the US central bank’s policy statement, following FOMC meeting in September, adopts obvious hawkish language. The Fed said that the economic activity continued to expand at a solid pace and noted that job gains have slowed but remain strong. Moreover, the US central bank reiterated inflation remains elevated and that …

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FOMC leaves interest rate unchanged in September as expected

Mohamed Abdelhamid Breaking News, Forex Market, Market Update

The US central bank announced on Wednesday that it left the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% following the September policy meeting. This decision came in line with the market expectation.The Federal Reserve was widely expected to leave its policy rate unchanged at 5.25%-5.5%. The …

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EUR/USD running for 1.0750 ahead of FOMC decision

Mohamed Abdelhamid Forex Market, Market Update

As markets position themselves ahead of the Fed, the EUR/USD was breaking to the upside. The Fed is anticipated to maintain current interest rates and provide an updated economic forecast.30 minutes following the release of the data, Fed Chair Jerome Powell will attend a press conference. In the lead-up to …

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USD/CHF declines ahead of Fed decision

Mohamed Abdelhamid Forex Market, Market Update

The USD/CHF declined by 0.28% on the day to 0.8937. US yields and the DXY index are declining. All eyes are on the Fed’s decision and the updated dot plots. On Wednesday, the USD/CHF lost some ground and declined to the 0.8950 area.The US 10-year yield, after hitting its highest …

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Gold surges on neutral Fed bets, hawkish stance

Mohamed Abdelhamid Commodities, Forex Market, Market Update

Gold price delivers a range breakout ahead of the Fed’s monetary policy decision. The yellow metal is trading at $1944.34 per ounce at the time of writing, up by %0.67. The US Dollar remains subdued as the Fed is expected to keep the interest rates unchanged.A steady policy announcement is …

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  • Pound Sterling Dips as Iran-Israel Conflict Lifts Dollar Demand

    14 June, 2025 12:22 am
  • EU Gas Markets Brace for Methane Rules and Russian Import Phase-Out

    13 June, 2025 11:49 pm
  • USD/JPY Hold Steady After Remarkable Surge on Middle East Tensions and BoJ Caution

    13 June, 2025 10:45 pm
  • Adobe Stock Falls Despite Robust Earnings as AI Hopes Waver

    13 June, 2025 9:55 pm
  • Chaos Hedge Gold and Oil Surge as Israeli Strikes on Iran Ignite Broader Conflict Fears

    13 June, 2025 8:56 pm
  • Pound Sterling Dips as Iran-Israel Conflict Lifts Dollar Demand

    14 June, 2025 12:22 am
  • China’s Foreign Ministry: Foreign Countries Should Stop Interfering in Hong Kong’s Domestic Affairs

    1 July, 2020 1:37 pm
  • UK Manufacturing Activity Picked Up in June

    1 July, 2020 1:54 pm
  • Eurozone PMI Manufacturing Finalized at 47.4

    1 July, 2020 2:13 pm
  • IFO Sees Europe’s Largest Economy Contracting by 6.7% in 2020

    1 July, 2020 2:39 pm
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Timeline

  • 14 June, 2025 12:22 am

    Pound Sterling Dips as Iran-Israel Conflict Lifts Dollar Demand

  • 13 June, 2025 11:49 pm

    EU Gas Markets Brace for Methane Rules and Russian Import Phase-Out

  • 13 June, 2025 10:45 pm

    USD/JPY Hold Steady After Remarkable Surge on Middle East Tensions and BoJ Caution

  • 13 June, 2025 9:55 pm

    Adobe Stock Falls Despite Robust Earnings as AI Hopes Waver

  • 13 June, 2025 8:56 pm

    Chaos Hedge Gold and Oil Surge as Israeli Strikes on Iran Ignite Broader Conflict Fears

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  • Pound Sterling Dips as Iran-Israel Conflict Lifts Dollar Demand

    14 June, 2025 12:22 am
  • EU Gas Markets Brace for Methane Rules and Russian Import Phase-Out

    13 June, 2025 11:49 pm
  • USD/JPY Hold Steady After Remarkable Surge on Middle East Tensions and BoJ Caution

    13 June, 2025 10:45 pm
  • Adobe Stock Falls Despite Robust Earnings as AI Hopes Waver

    13 June, 2025 9:55 pm

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