EurUsd-When everyone is selling,you start Buying
The Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement.
Fed Chair Powell stressed once again that they are proceeding carefully as the full effects of policy tightening have yet to be felt.
The US Core PCE last week came in line with forecasts with the disinflationary progress continuing steady.
The labour market is starting to show weakness as Continuing Claims are now rising at a fast pace and the recent NFP report missed across the board.
Fed Chair Powell stressed once again that they are proceeding carefully as the full effects of policy tightening have yet to be felt.
The US Core PCE last week came in line with forecasts with the disinflationary progress continuing steady.
The labour market is starting to show weakness as Continuing Claims are now rising at a fast pace and the recent NFP report missed across the board.
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