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Key Levels for DXY, EURUSD, and GBPUSD Before Fed Interest Rate Decision

Key Levels for DXY, EURUSD, and GBPUSD Before Fed Interest Rate Decision

Can the DXY hold its ground since 2011? Will the EUR/USD break through channel resistance in 2022? And what about the shifts with GBP/USD from last July? We’re diving into these topics in today’s video, especially as we near some significant Federal Reserve rate decisions and press conferences. US Dollar Index (DXY) Outlook The Dollar […]

EUR/USD rises following Fed’s rate cuts to support weak job figures

EUR/USD rises following Fed's rate cuts to support weak job figures

The Federal Reserve has made its first interest rate cut since December. The capital rate has dropped from 4.5% to 4.25%, which many had anticipated. The Summary of Economic Projections (SEP) indicates fewer rate changes ahead, leading to a shift in risk appetite. In what many expected, the Federal Reserve has opted for a quarter-point […]

Bitcoin is showing an inverse head-and-shoulder pattern as Fed rate cuts approach.

Bitcoin is showing an inverse head-and-shoulder pattern as Fed rate cuts approach.

All asset classes feel the influence of the Federal Reserve, particularly during a rate-cut cycle. This includes cryptocurrencies, with Bitcoin being the standout, as it’s both the largest and the most closely watched. Now, you might wonder why Bitcoin matters, especially for those not actively trading it. Well, it’s become quite significant and, some might […]

European stocks rise as global markets expect a Fed rate reduction

European stocks rise as global markets expect a Fed rate reduction

European Stocks Anticipate Fed Rate Cut LONDON – European stock markets opened slightly higher as traders await the US Federal Reserve’s decision on monetary policy, anticipated to involve interest rate cuts on Wednesday. The pan-European Stoxx 600 index saw a 0.2% increase around 9:08 am (4:08 am ET), with most sectors showing positive movement. Notably, […]

Dollar remains weak amid expectations for interest rate cuts and Powell’s remarks

Dollar remains weak amid expectations for interest rate cuts and Powell's remarks

US Dollar’s Outlook Amid Federal Reserve Talks SINGAPORE (Reuters) – The US dollar seems headed for potential interest rate cuts from the Federal Reserve soon, hitting a four-year low against the euro and a recent low against the yen on Wednesday. Traders are largely anticipating a 25 basis points reduction, closely watching comments from Chairman […]

Euro weakens toward 1.1850 before Lagarde’s speech and the Fed’s rate decision.

Euro weakens toward 1.1850 before Lagarde's speech and the Fed's rate decision.

The EUR/USD is projected to decline to around 1.1855 during the Asian session on Wednesday. Market participants have fully priced in a 25 basis points cut from the Fed. Germany’s Zew Sentiment is expected to show improvement in September. The EUR/USD pair lost its upward momentum, reaching approximately 1.1855 and breaking a four-day winning streak […]