Forex Market

The Federal Reserve’s decision to cut its benchmark interest rate by 25 basis points to a target range of 4.25% – 4.50% sent shockwaves through the financial markets. While the rate cut was widely anticipated, the Fed’s surprisingly hawkish outlook for the future path of interest rates fueled a rally …

There have been some notable differences between the interest rate statement released by the Federal Open Market Committee on Wednesday, following the 25 basis point rate cut, and the previous statement. The first key difference is that the latest statement alluded to the timing and scale of future policy moves, …

The Federal Reserve’s decision to implement a 25-basis-point interest rate cut, while anticipated by market participants, has failed to sustain a significant rally in U.S. equity markets. The central bank’s economic projections, which signaled a more gradual pace of future rate reductions, tempered initial optimism and highlighted underlying concerns about …

The Euro weakened significantly against the US Dollar after the Federal Reserve’s interest rate decision and subsequent press conference. While the Fed delivered a 25 basis point rate cut as expected, the central bank’s cautious tone and economic projections dampened market sentiment for the Euro.Key takeaways from the Fed’s decision:Rate …

In a recent post-meeting press conference, Federal Reserve Chairman Jerome Powell explained the decision to cut the federal funds rate by 25 basis points to the range of 4.25%-4.5%. The decision, taken after the December meeting, was driven by several factors including stronger economic growth and lower unemployment.Key Drivers Behind …

The Fed stated in its interest rate statement that “recent data have shown continued progress in economic activity. Labor market conditions have also shown significant improvement with the unemployment rate rising, although it has not reached very high levels. Inflation has shown a decline, approaching the central bank’s target of …

The US Federal Reserve cut interest rates on Wednesday and signaled it will slow the pace at which borrowing costs fall any further given a relatively stable unemployment rate and little recent improvement in inflation. “Economic activity has continued to expand at a solid pace” with an unemployment rate that …

Gold prices dipped on Wednesday as investors awaited the Federal Reserve’s monetary policy decision. The market’s focus is on the central bank’s 2025 economic projections and the tone of Chair Jerome Powell’s subsequent press conference. The precious metal is 0..35% down, trading at $ 2636.28 at the time of writing.A …

Oil prices climbed on Wednesday, driven by a decline in US crude inventories and anticipation of an interest rate cut by the Federal Reserve. However, uncertainty surrounding the Fed’s future monetary policy trajectory is limiting the upside potential for oil.US Crude Inventory DrawThe Energy Information Administration (EIA) reported a decrease …

The EUR/USD pair is trading near 1.0500 on Wednesday, struggling to gain significant momentum. The 20-day Simple Moving Average (SMA) at 1.0550 continues to cap upside potential, suggesting a cautious market sentiment.Technical AnalysisTechnical indicators point to a lack of directional bias. The Relative Strength Index (RSI) is hovering around 42, …