Sunday, May 05, 2019
MZ Digital Marketing Agency
The Fed finally sounded less concerned than many market participants had thought initially. The buck has been surging against most peers while safe haven JPY and CHF also appreciated following the announcement. However, things appear to be turning now: the Fed is discounting risks of US-China trade war and a hard Brexit while strong economic growth and a tight labor market should push the inflation back to its target. Consequently, equity markets lost ground across the board after reaching record highs earlier in the day. Today's BoE monetary policy meeting will also not show any major changes.
from MQL5: Traders' Blogs http://bit.ly/2H40DnY
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