Tag Archives: ECB Minutes

The US Federal Reserve will release its June 11-12 policy meeting minutes on Wednesday at 18:00 GMT. Investors will scrutinize the Fed’s hawkish hold and inflation outlook to gauge the timing of the expected interest rate cut this year. The Fed maintained its monetary policy settings for the seventh consecutive …

It has been an eventful week as the US dollar played some competing roles. This has frustrated some traders, seeking to interpret and know how to deal with critical developments such as the FOMC’s first rate hike in years in light of several Fed speakers during the week.First and foremost, …

The market’s sentiment continued cautious as traders’ focus shifted to central banks’ hawkish rhetoric and tensions between the US allies and Russia. The US widened its actions against Moscow, hitting Russian Sberbank and Alfa Bank. Investment in Russia by American companies is banned. The EU is backing a Russian coal …

The Euro is almost flat in the North American session after reaching a daily high at 1.0938, courtesy of hawkish than expected European Central Bank (ECB) March meeting minutes, despite broad risk aversion in the market. Nevertheless, of late, the EUR/USD dipped below the 1.0900 mark and is trading at …