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Fed’s Daly: Cautiously optimistic on inflation path, maintains call for gradual cuts | Forexlive
San Francisco Fed President Mary Daly made a rare Good Friday appearance for a moderated discussion on the economy and monetary policy outlook. She emphasized patience: On the economy: There is a little bit of pulling forward on spending, but not as much as you might think US economy remains “in a good place” with…
Double Reaction from Equal Legs Zone – Forex Market Analysis – ForexCycle.com
Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of XLV ETF published in members area of the website. As our members know, XLV is showing incomplete bearish sequences in the cycle from the 159.64 peak (August high). The price structure indicated further weakness, targeting 126.53-120.91. In the following…
Metals shine bright after the FOMC meeting – Silver (XAG/USD) & Gold (XAU/USD) intraday outlook
Silver and Gold are bouncing higher again after the Federal Reserve and other Central bank meetings With Oil and the US Dollar stumbling on the session, Metals and other risk assets are shining bright Intraday timeframe analysis for XAG/USD and XAU/USD Silver and Gold are bouncing higher in today’s session, with the bid taking traction…
Gold Skyrockets to Unseen Heights—Is Panic Over the US Economy Fueling This Rush? – Learn To Trade Forex • Best Forex Trading Course • AsiaForexMentor
Get Smarter about Forex Sign up change to → Join 150,000+ subscribers and get our5 min newsletter on what matters in forex. Gold skyrockets to a new record, fueled by mounting economic uncertainty and geopolitical tensions. The price of gold surged past previous highs as many investors seek a safe haven asset amid volatile interest…
As expected, FOMC cut interest rate. The Bank of Canada keeps the rate unchanged at 2.25%
The US stock indices rose on Wednesday in reaction to the FOMC decision and Powell’s comments. The Dow Jones Index (US30) rose by 1.05%. The S&P 500 Index (US500) gained 0.67%. The technology-heavy Nasdaq Index (US100) closed higher by 0.33%. The Fed cut the rate by 25 basis points and maintained its expectations for one…
