April is likely to be an interesting month as we kick off the second quarter of the year.The FED raised interest rates by 25bps only in March, which shows that the US central bank is clearly slowing down the rate hike pace, which can lead to a potential pause in the current monetary policy tightening …
During this month, all eyes will be on the upcoming FED rate decision meeting. The US central bank is likely to raise interest rates by another 25bps at least two times this year, however, the main question remains how high rates can go in 2023. In the last FOMC meeting, Chair Powell said that the …
February is likely to be a positive month for the US Dollar as traders might start looking to rebalance their positions following the latest FED interest rate hike. The better-than-expected GDP figures coupled with the recent strong jobs report published on Friday are likely to support the Greenback in the coming days. The US Dollar …