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The market major has frozen before the decisive event of this week. The current quote is 1.1020. So, today is the X day for the USD because this night another Fed’s meeting will be over. The interest rate decision will be announced. Most probably, the crediting price will be lifted by 25 base points to […]

EURUSD Pushing Higher  EURUSD is rallying firmly ahead of the FOMC later today. The pair has been on a strong run since the March lows, gaining around 5.5% as narrowing yield spreads between EU and US bonds help lift sentiment. Much of the driver behind the move has been the narrowing of monetary policy divergence […]

  Pfizer Shares Rally on Q1 Earnings Beat  Despite a tough day for stock markets on Tuesday, shares in US pharma company Pfizer were seen rising over the session following the release of better-than-forecast Q1 figures. Pfizer posted Q1 EPS of $1.23, well above the $0.98 the market was looking for. Additionally, revenues were seen […]

The BTC on Wednesday is balancing near 28,641 USD. An important support for the leading crypto remains at 26,500 USD. There are no reasons for a steep decline yet. However, anything may happen today. In the evening, the Federal Reserve System will close its two-days’ meeting and report its interest rate decision. If we suppose […]

The Australian dollar against the US dollar remains ready to grow. The current quote is 0.6667. Aussie gets supported by the RBA’s decision made yesterday to lift the interest rate. It now amounts to 3.85% per annum. In the comments, the regulator warned the market that inflation remains too high, and the credit and monetary […]

The EU April inflation report that hit the wires on Tuesday, surprised on the downside, albeit slightly, signalling that tight credit conditions are gradually taking effect on demand. Headline inflation, in line with the consensus, accelerated to 7.0% YoY in April from 6.9% in March. Core inflation took a step lower: from 5.7% to 5.6%. […]