Continued decline in US inflation may soften Fed’s position on interest rates (exepct continued growth in EUR/USD and USD/JPY)
World markets closed higher last week, indicating that sellers are inactive ahead of incoming US news and Fed meeting next week. The main reason was the ECB meeting, at which the key interest rate was raised by 0.75% to 1.25%. Another factor could be the statements of both Christine Lagarde and Jerome Powell, which once […]
