Fed Chair Powell recently addressed key economic indicators, including a steady growth in the labor market but a contraction in the manufacturing sector. This has caused volatility in the forex market, with the USD fluctuating against major currencies. Investors are awaiting the Federal Reserve's next move after a recent interest rate decision. Economic data releases, particularly GDP figures, will continue to influence the USD. Central banks are closely monitoring inflation trends and economic growth for future policy decisions. Traders should stay informed and adapt their strategies to changing market conditions.
In a highly anticipated event, Fed Chair Powell recently spoke, addressing a range of economic indic...Subscribe to access the full content