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Forex Daily Update: 31 Jan 2024 CURRENCIES: Key Points: The consensus suggests no alteration in interest rates. However, the Federal Open Market Committee (FOMC) may modify its guidance, particularly in response to developments in inflation. Traders should brace for increased …
The stock market presented a mixed picture as the S&P 500 closed marginally lower and the Dow Jones hit a record high, while the Nasdaq Composite fell. This cautious trading reflects investor anticipation of the Federal Reserve’s decision on interest …
Forex Daily Analysis: 30 Jan 2024 CURRENCIES: Event Overview: Fed’s First Monetary Policy Decision of 2024 Announcement Date: Wednesday, Jan 31, 2024 Potential Market Impact Increased Volatility Expected for Gold Prices, U.S. Dollar, and Stocks Traders Advised to Prepare for …
The S&P 500 achieved a new record high, climbing to 4,927.93, driven by anticipation of major tech company earnings and the upcoming Federal Reserve rate policy decision. This week is pivotal with 19% of S&P 500 companies, including tech giants …
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