Subscribe To
Nasdaq Composite Technical Analysis
As the blackout period concluded after the FOMC meeting, we heard from numerous Federal Reserve members last week. The sentiment remains the same: exercising caution and awaiting data to determine the extent of further rate increases. Although the majority foresees two more rate hikes this year, they consistently emphasize that such decision will be subject to the data. The data we saw last week points more towards a rate hike, driven by upside surprises in the housing market data, good US Joble...
Read More
Posted: Jun 26 2023, 12:32
Author Name: forexlive
Views: 081033