EURUSD Market Update 12 Mar 2022

March 11, 2022Posted inMarket Update1 Comment
This image has an empty alt attribute; its file name is market-update.jpg
Latest Market Update

The next FOMC Interest Decision and Press Conference will be held on 15-16 Mar 2022.

In the current market, there are way too many uncertainties such as the Russia-Ukraine war, a new 40 years high Inflation rate of 7.9%, FOMC decision on the speed of rate hike, sanctions between Russia and other countries, extreme volatility in the commodities market. Hence, it is time for us to be cautious again.

EURUSD Market Update 23 Jan 2022

January 22, 2022Posted inMarket Update
This image has an empty alt attribute; its file name is market-update.jpg
Latest Market Update

The next FOMC Interest Decision and Press Conference n will be held on 25-26 Jan 2022.

As you can see in the recent US Stock Market, Nasdaq and S&P 500 index has fallen into correction territory. The market is extremely volatile now.

The market has expected to have 3 rate hikes in 2022. Any rate hikes expectation that is more than 3 times this year will be bullish for USD while any reduction of the rate hikes expectation will bullish EUR.