GBP/USD Flat Despite Positive UK Employment Data
GBP/USD FORECAST: GBP/USD edged higher following the UK data release before paring gains to trade flat. All eyes turn to the US CPI release with the pair in need of a catalyst.
Source: dailyfx.com
Affects Currency News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Affects Currency. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Affects Currency Today - Breaking & Trending Today
Fed Hikes Rates by 75 bp to Curb Inflation. What's Next for Gold, USD & Bitcoin?
The Fed raised its benchmark rate by three-quarters of a percentage point to 3.00-3.25%, delivering the third straight 75 basis-point hike in an effort to curb strong inflationary pressures.
Source: dailyfx.com
S&P 500 and Nasdaq 100 Sink as High Inflation Bolsters Case for Hawkish Fed
U.S. stocks sold off violently on Tuesday after stronger-than-expected U.S. inflation data sent Treasury yields higher on bets that the Fed will have no choice but to keep raising rates forcefully.
Source: dailyfx.com
S&P 500, Nasdaq 100 Outlook: Bullish Sentiment Sweeps Markets on Cooling Inflation
U.S. stocks soared on Wednesday on positive market sentiment after U.S. inflation data surprised to the downside, easing pressure on Fed to continue raising rates aggressively.
Source: dailyfx.com
Fed Raises Rates by 75 Basis Points in Largest Hike Since 1994 in Effort to Crush Inflation
The Federal Reserve raised its benchmark interest rate by 75 basis points to 1.50-1.75%, the third hike in the ongoing tightening cycle aimed at cooling rising inflationary pressures.
Source: dailyfx.com