Monthly Archives: May 2024
All Eye Will Be On Today’s NFP
Written on May 9, 2024 at 5:46 am, by
Market Summary Following Jerome Powell’s remarks subsequent to the Fed’s interest rate decision announcement, equity markets rallied in response to the dovish tone from the Fed chief, while the Dollar index continued its decline. The Fed’s dismissal of another rate hike possibility, despite persistent inflation in the U.S., contributed to the Dollar’s weakening. Market attentionContinue Reading
All Eye Will Be On Today’s NFP
Written on May 9, 2024 at 5:45 am, by
Market Summary Following Jerome Powell’s remarks subsequent to the Fed’s interest rate decision announcement, equity markets rallied in response to the dovish tone from the Fed chief, while the Dollar index continued its decline. The Fed’s dismissal of another rate hike possibility, despite persistent inflation in the U.S., contributed to the Dollar’s weakening. Market attentionContinue Reading
All Eye Will Be On Today’s NFP
Written on May 9, 2024 at 5:44 am, by
Market Summary Following Jerome Powell’s remarks subsequent to the Fed’s interest rate decision announcement, equity markets rallied in response to the dovish tone from the Fed chief, while the Dollar index continued its decline. The Fed’s dismissal of another rate hike possibility, despite persistent inflation in the U.S., contributed to the Dollar’s weakening. Market attentionContinue Reading