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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 five-minute bars as he spoke, to a session high. It's trading above 1.1150, short of 1.1200.
We haven't written up this one. FXStreet has the full story — the link below goes straight to it.
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.
West Texas Intermediate (WTI) rebounds on Wednesday, reversing losses recorded over the previous two days as persistent Middle East tensions keep a geopolitical risk premium embedded in Oil prices.
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.
The US Federal Reserve kept its benchmark interest rate unchanged at 4.00%, in line with market expectations.
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…
Die Inflation in den USA ist viel zu hoch. Dennoch findet die Spitze der amerikanischen Notenbank, dass das Zinsniveau vorerst angemessen ist.
