Topic: Daily Market Updates
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Dollar rises after Fed’s stagflation revision
Holding pattern for the Loonie. Best Fed day for stocks since July ‘22. Euro slips below $1.09. BoE priced to stay on hold.
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Fed holds steady; BoE to follow suit
Best Fed day for stocks since July ‘22. Euro slips below $1.09. BoE priced to stay on hold.
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USD lower as Powell says recession risks “not high”
Powell eases recession fears, soothes markets. AUD ascends despite mixed signals. GBP/USD at four-month high ahead of BoE.
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It’s Fed Day
Tough times for central bankers. Equity rout continues pre-Fed. European confidence making a comeback. Profit-taking risk ahead of BoE.
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Focus on Fed’s guidance today
Equity rout continues pre-Fed. European confidence making a comeback. Profit-taking risk ahead of BoE.
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USD at four-month lows ahead of Fed
USD mostly lower, but Aussie and kiwi slip from highs. All eyes on Fed meeting. IDR resilience amid regulatory reforms.