Wednesday, 20 March 2024

Fed Sticks to Dovish Policy Roadmap; Setups on Gold, EUR/USD, Nasdaq 100

The Fed held borrowing costs unchanged at its March meeting and continued to signal that it would implement three rate cuts this year despite upside inflation risks. This dovish outlook boosted gold prices and the Nasdaq 100.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...