2024-06-11 08:00:46IG Client Sentiment Update: Our data shows the vast majority of traders in EUR/GBP are long at 80.48%, while traders in USD/JPY ar...European indices are still feeling the effects of last weekend’s European Elections where right-wing parties fared much better than expected.
However, the new dot plot is likely to reflect a scaling back of rate-cut expectations for 2024, reflecting the Fed's evolving assessment of economic conditions and inflationary pressures. Investors and traders will closely scrutinize the inflation data for indications of persisting price pressures, while the Fed's policy statement and updated economic projections will provide valuable insights into the central bank's monetary policy trajectory.
We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Information presented by DailyFX Limited should be construed as market commentary, merely observing economical, political and market conditions. This information is made available for informational purposes only. It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: DailyFX - 🏆 305. / 63 Read more »