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The low USD/CAD set before the BoC hike didn't survive Fed Chair Warsh's press conference. The pair fell from the top of its post-BoC range to just above 1.4000 in four five-minute bars as he spoke, its session low. It's still trading at that low.
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The US Federal Reserve kept its benchmark interest rate unchanged at 4.00%, in line with market expectations.
Federal Reserve (Fed) Chair Kevin Warsh's press conference moved EUR/USD further than the Fed's decision did. The pair climbed from the lower half of Wednesday's range through 1.1150 in three…
Three five-minute bars of Fed Chair Warsh's press conference wiped out the Dollar Index's climb into the decision and took it through the session's earlier low.
Die Inflation in den USA ist viel zu hoch. Dennoch findet die Spitze der amerikanischen Notenbank, dass das Zinsniveau vorerst angemessen ist.
Treating crypto as a political battleground only makes it harder to build the secure, transparent, American-made financial system that most Americans say they want, argues DeFi Education Fund’s…
