Analisi Fondamentale

USD came under massive pressure after the Fed dropped the word "patient" from its wording, clearing the way for a rate hike in their June meeting. At the same time however, they lowered their forecast on inflation and economic growth. Eurusd high  1.1062, USDCHF low 0.9630, now back to current levels of 1.0715 and 0.9942[...]

Main event today is the FOMC meeting with its decision expected this evening. Rates exptected to remain on hold at 0.25%, attention will focus on the wording of their statement, in particular regarding the use of   ‚patience‘. Markets havent really priced in a hike yet. Spot rates hardly moved in the wake of the[...]

Asian shares are trading higher on the possibility that weaker than expected US data may cause the FED to leave its wording open about timing of a future rate hike this year. BOJ leaves rates unchanged as expected, keeps an aggressive stimulus but cuts inflation outlook, saying it will take some time to exit inflation.[...]