The European Central Bank announced the outcome of an 18-month strategy review. Inflation target was raised to 2% from previous "below but close to 2%" - which would theoretically allow for inflation overshoots. The Central bank confirmed that HICP remains an appropriate price measure. Policymakers also said that they will be further incorporating climate change considerations into the monetary policy framework.
DE30 broke below the lower limit of the consolidation range at 15450 pts and continues to move lower following the ECB announcement. Next target for bears is located at 15280 pts. Source: xStation5
BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge
EURUSD loses ground ahead of NFP
BREAKING: BoE raises interest rates by 25pbs to 4%⏰
Norges Bank keeps rates unchanged, but leaves the door open to rate hikes. Is this really the end of the NOK strengthening, though?