Euro ended the session down against the dollar yesterday after breaking the $1.13 support as traders seem to be pricing in a hawkish FOMC on Wednesday.
GBPUSD closed 0.4 percent lower yesterday on the same merits, however, it has been performing well over the past few hours on expectations of an upbeat labor market. Will the print support BoE’s decision on Thursday?
The SPX has been under pressure too as investors turn cautious amidst last Friday’s CPI, as it is likely to add to the Fed’s hawkishness in tomorrow’s meeting. Will investors be taken by fear ahead of the FOMC?
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The Daily Markets Watch: EURUSD, GBPUSD & SPX500 (14.12.21)
Euro ended the session down against the dollar yesterday after breaking the $1.13 support as traders seem to be pricing in a hawkish FOMC on Wednesday.
GBPUSD closed 0.4 percent lower yesterday on the same merits, however, it has been performing well over the past few hours on expectations of an upbeat labor market. Will the print support BoE’s decision on Thursday?
The SPX has been under pressure too as investors turn cautious amidst last Friday’s CPI, as it is likely to add to the Fed’s hawkishness in tomorrow’s meeting. Will investors be taken by fear ahead of the FOMC?
Trade with an award-winning broker! Lowest spreads on the market for Forex, Precious Metals, Energies. No re-quotes, no rejection of orders & instant withdrawals.
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