Today Is the Publication of Interest Rates Decisions

Economic News
21 mars 2018
Today Is the Publication of Interest Rates Decisions

Today will be held the publication of the Fed's decision on interest rates. It is expected that interest rates will be increased by 0.25% and amount to 1.75%. Yesterday during the American session the reserve currency rose against major pairs. However, at the end of the US session the dollar began to decline. Thus the EUR/USD pair has overcome more than 40 pips since the beginning of today's session. The Dow finished the session yesterday almost there where it began, but the dollar index rose above 90.00 and then retreated from this mark.

Furthermore, today the publication of the decision on the interest rate of the Reserve Bank of New Zealand will take place, which is projected to remain unchanged at 1.75%.

Energy prices continued to rise against the backdrop of political tension. After the harsh statements of Donald Trump about a possible break of the nuclear deal with Iran, oil prices began to rise, as the market could lose quite a large supplier, in case of imposing new sanctions on Iran. There is also a tension between Iran and Saudi Arabia, which certainly is also putting pressure on share prices.

For four days cryptocurrencies have been trying to win back the lost earlier position, since previously Bitcoin was able to play at the price of more than $1,200 and is currently trading above $9,000.

SuperForex
Expect News of Fed Hike

Economic News

Expect News of Fed Hike

Today the Federal Reserve is gathering to decide what to do with interest rates.

SuperForex
21 mars 2018
Donald Trump's Initiative Could Have a Negative Impact on the Economy

Economic News

Donald Trump's Initiative Could Have a Negative Impact on the Economy

SuperForex
20 mars 2018
Market Overview on March 20

Economic News

Market Overview on March 20

The focus is on inflation in the US and the UK, while oil is volatile.

SuperForex
20 mars 2018