Page 4 - Fed Decision News Today

This article analyzes the technical profile for major U.S. dollar FX pairs such as EUR/USD, USD/JPY and GBP/USD, examining critical price levels that could act as support or resistance ahead of U.S. CPI data.

The week ahead is likely to bring elevated market volatility, courtesy of impactful events on the economic calendar, including US inflation data, UK GDP figures, and significant monetary policy announcements from the FOMC, BoE and ECB.

The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.

"Yes, this is an admittedly 'cute' analysis, but it neatly summarizes why US large caps are up rather than down year to date."

Pound Sterling Slides Against Dollar, Euro as UK Manufacturing Index Lower

The key U.S. rate stays at the highest level in more than 20 years.

Key focus in the coming week will be on the Q3 earning season, the Fed, the BOJ, and the BoE interest rate decisions. In addition, geopolitical developments in the Middle East and global manufacturing activity data will be closely watched.

The move to leave its benchmark rate at about 5.4% suggests the Fed thinks it has time to wait and see its 11 rate hikes since March 2022 will continue to cool rising prices.

The move to leave its benchmark rate at about 5.4% suggests the Fed thinks it has time to wait and see its 11 rate hikes since March 2022 will continue to cool rising prices.

The S&P 500 and Nasdaq Composite are also on track for their third consecutive weeks of declines as August proves tough for stock investors.