USD/CHF looks vulnerable above 0.8980 as Fed delivers dovish interest rate guidance – by Sagar_Dua24 USDCHF SNB Fed Inflation DollarIndex
USD/CHF is facing pressure above 0.8980 as Fed believes that US tight credit conditions are weighing on US inflation.
S&P500 futures have trimmed some losses posted in early Asia, however, the risk aversion theme is still solid amid uncertainty overdebt-ceiling talks. US equities witnessed a sell-off on Friday as US President Joe Biden called partisan terms from Republican leaders unacceptable. A big cut of 8% on overall spending initiatives in the budget by the White House is not acceptable to Democrats.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Paul Krugman says he's worried the Fed may trigger future shocksNobel economist Paul Krugman says he's worried the Fed's war on inflation may trigger future shocks, including more banking chaos
Leer más »
Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish CommentsBitcoin continued to hold below $27,000 as U.S. Federal Reserve Chair Jerome Powell said stress in the banking sector might allow the central bank to ease back on rate hikes as it looks to curb hot inflation. _jocelynyang_ reports
Leer más »
Fed's Powell says risks more balanced, June policy decision unclearFederal Reserve Chair Jerome Powell said on Friday it is still unclear if U.S. interest rates will need to rise further, as central bank officials balance uncertainty about the impact of past hikes in borrowing costs and recent bank credit tightening with the fact that inflation is proving hard to control.
Leer más »
Oakland Business Owner Says He's Fed Up After Store Gets Repeatedly VandalizedA longtime Oakland business owner is fed up after he says that his store has been repeatedly targeted by graffiti vandals.
Leer más »
Dollar stages surprise comeback even as Fed nears the end of rate hikesThe dollar stages a mini-comeback on debt-ceiling worries even as the Fed prepares to wind down its war on inflation
Leer más »
Bitcoin forgets Fed as trader eyes classic BTC price 'liquidity hunt'Bitcoin may see another breakdown, traders argue as BTC price ekes out a narrow range.
Leer más »