US indices have made headway after the Fed decision, but today’s ECB meeting has kept the CAC40 in check

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After an uneventful FOMC meeting and press conference, a popular dollar benchmark heads lower as traders eye the ECB interest rate announcement

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With a 25bps hike largely expected and priced in by market participants, will the ECB shift to data dependency moving forward as recessionary fears rise. Let’s take a look at what to expect.

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US equity indices were largely flat, hovering around year-to-date highs after the Fed hiked interest rates by the widely expected quarter percentage point. What’s next for the Dow Jones Industrial Average, the S&P 500 index and the Nasdaq 100 index?

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USD slipped but held well within the recent range after the Fed hiked interest rates by the widely expected 25bps and on balance kept its options open for further tightening. What does this mean for EUR/USD, GBP/USD, and USD/JPY?

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