Forex Trading Library
EUR
GBP
AUD
JPY
TRY
INR
SGD
MYR
JOD
KWD
SAR
AED
QAR
OMR
EGP

Market Jumps on Another Fed Hike!

0 316

Most assets across the board were shaken up by the Fed hiking interest rates by 0.75 percentage points.

This was the second consecutive time to fight inflation as recession fears loom.

Chair Jerome Powell said there will be a point where the Fed starts to slow hikes to assess their impact.

So, will the markets be in for another shock when the FOMC meets again?

Timestamps
EURUSD 01:45
XAUUSD 03:25

 

Test your strategy on how the euro will fare with Orbex - Open your account now. 

Leave A Reply

Your email address will not be published.