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Monday, December 18, 2023

Fed's dovish pivot puts EUR/USD in turbulent position

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Better to regret what you did than what you didn't. However, it seems that Jerome Powell and his team took a gamble. By stating that the Federal Reserve is discussing the easing of monetary policy and indicating a 75 basis points reduction in the federal funds rate in 2024 in the FOMC forecasts, the central bank signed its own death warrant. Even the financial markets did not expect such a surprise; they have been trying to recover for days. EUR/USD

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Pentru mai multe detalii, va invitam sa vizitati stirea originala.

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