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Forex and Cryptocurrencies Forecast

The Dollar Index (DXY) steadily increased during the past week, leading up to Thursday, July 6. As a result, EUR/USD was more inclined towards the American currency, causing the pair to find a local bottom at the 1.0833 level. The dollar's strength was driven by the publication of the minutes from the Federal Open Market Committee's (FOMC) last meeting on June 14. In it, the Committee members highlighted the risks of inflationary pressure and expressed a commitment to swiftly achieve their target inflation levels of 2.0%. They also noted the appropriateness of at least one more interest rate hike, in addition to the one in July, which boosted confidence for DXY bulls. Recall that the head of the regulator, Jerome Powell, also stated at the end of June that the "vast majority of Federal Reserve leaders expect two or more rate hikes by the end of the year". ....

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Michigan Radio will be airing several special programs this Thursday and Friday, in celebration of Thanksgiving (Nov. 24) and Native American Heritage Day (Nov. 25). ....

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Anne Swannell

Anne Swannell
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Saksamaa uue valitsuskoalitsiooni moodustamisel on kaalukeeleks rohelised ja FDP

Saksamaa uue valitsuskoalitsiooni moodustamisel on kaalukeeleks rohelised ja FDP
delfi.ee - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from delfi.ee Daily Mail and Mail on Sunday newspapers.

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Debakel für CDU bei Bundestagswahl: Die Trümmertruppe

Debakel für CDU bei Bundestagswahl: Die Trümmertruppe
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