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US dollar index logs 9th consecutive weekly gain; approaches major resistance. Equities up, yields mixed, WTI crude up, gold up
A busy week of monetary policy meetings has delivered indecisive price action through Monday's sessions, as most asset classes trade tight ranges. The action will heat up as the week unfolds, Thursday morning's FOMC meeting the headline act amongst a lineup that includes 5 other G10 central banks delivering their latest policy updates. Whilst the Fed and BoJ are widely expected to maintain current policy settings, the BoE, Riksbank, Norges Bank and Swiss National Bank are likely to all deliver 25bps hikes. Despite inflation tracking lower over the past twelve months, CPI readings remain some distance above target, ... (full story)
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- Sep 19, 2023 2:39am Sep 19, 2023 2:39am
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ZenTrader. - | Joined Sep 2021 | Status: Member | 36 Comments
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- Posted: Sep 19, 2023 12:02am
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 3,279
