EURUSD Market Update 30 Apr 2022
The next FOMC Interest Decision and Press Conference will be held on 3-4 May 2022.
The market continues to be very volatile throughout the whole of April 2022. Not only disappointed earning releases from giant companies like Netflix and Amazon cause the US stock market to drop significantly but Russia’s decision to stop their gas supply to Europe has caused EURUSD to drop to a level that is lower than the covid crash in Mar 2020. The low during the covid crash is 1.0637 and EURUSD closed yesterday at 1.0543.