Tag: fed

Fed, also known as Federal Reserve, is the central bank of United States. It is one of the most powerful institutions in the world, actions of which affect almost anyone on the planet.

GBP/USD stumbles after UK inflation data
GBPUSD
0.71%

GBP/USD stumbles after UK inflation data

Bears regained control today, with the pair forming a triangle pattern, likely spurring further volatility in the days ahead.

US dollar should stay supported in current macro environment

Short-term corrections are expected to be bought as the fundamental situation remains bullish for the greenback.
EUR/USD glued to 0.97 ahead of US CPI
EURUSD
0.55%

EUR/USD glued to 0.97 ahead of US CPI

Volatility will surely pick up later today as investors await the US CPI report.
USD/JPY tags fresh cycle highs after FOMC minutes
USDJPY
-0.28%

USD/JPY tags fresh cycle highs after FOMC minutes

This is a fresh cycle high for the USD after the FOMC minutes, which showed the Fed's determination to fight inflation.

These 3 main reasons drove inflation sky-high

Inflation levels worldwide reached record highs from the 1980s because of several factors, and now economies face serious trouble.

UN calls on central banks to halt interest rate hikes

United Nations want central banks to take action and stop the aggressive tightening policy, but inflation is still high.
USD/JPY tests cycle highs near 145
USDJPY
-0.28%

USD/JPY tests cycle highs near 145

A cautious uptrend is still seen in the USD/JPY pair, despite fears of another BoJ intervention.

Inflation in Europe is skyrocketing as ECB fell asleep

While Fed has been actively battling inflation for six months now, ECB fell asleep leading European countries to a fight against surging inflation levels.
AUD/USD trying to defy USD strength
AUDUSD
1.51%

AUD/USD trying to defy USD strength

This article discusses the Australian dollar's decline after encouraging US economic statistics demonstrating that the labor market is still solid.
Stanley Druckenmiller disappointed by Fed and favors crypto
BTC
2.15%

Stanley Druckenmiller disappointed by Fed and favors crypto

After Paul Tudor Jones showed sympathy for crypto, another billionaire joined him. Stanley Druckenmiller thinks cryptos will have a comeback.
Higher interest rates hurt crude oil
WTIOIL
-2.02%

Higher interest rates hurt crude oil

The current trend in monetary policy decision-making hurts commodities denominated in the US Dollar. Crude oil dives under support level.

How are central banks behaving now?

Central banks around the world are now announcing the results of their meetings. There were surprises in Switzerland, for example.