US Dollar Holding Post-FOMC Gains for Now, Gold Continues to Nudge Higher

US Fed Chair Jerome Powell poured water on a March rate cut at yesterday’s FOMC meeting but markets continue to price in an aggressive series of cuts for the rest of the year.

from DailyFX – Market News https://bit.ly/3vYqPxj
via IFTTT

US Dollar Looks to Jobs Data After Fed; Setups on Gold, EUR/USD, USD/JPY, GBP/USD

This article dives into the technical outlook for gold and major FX pairs (EUR/USD, USD/JPY and GBP/USD) following the Fed monetary policy decision. The piece also offers an in-depth analysis of key price thresholds worth watching later this week.

from DailyFX – Market News https://ift.tt/Cnq3hAU
via IFTTT

Fed Holds Steady, Ditches Tightening Bias; Gold and US Dollar on the Move

The Federal Reserve kept interest rates unchanged for the fourth consecutive meeting, but adopted a slightly more dovish outlook by removing its tightening bias from the monetary policy statement.

from DailyFX – Market News https://ift.tt/U7GmIPr
via IFTTT