💲Fed doubles taper, USD gains❗

The Federal Open Market Committee (FOMC) has just announced its latest monetary policy decision. The US central bank left interest rates unchanged as expected. The tapering pace increased from $ 15 billion per month to $ 30 billion per month, as expected by analysts. Dot plot signals three hikes in 2022 and three in 2023. Market attention now turns to the press conference of Fed Chair Jerome Powell (start at 7:30 pm GMT). Powell will explain the decision in detail and reasoning behind first and later will answer journalists' questions.

EURUSD fell after Fed decision and tested 1.1260 level. Source:xStation5

29 April 2026, 6:34 PM

Dollar rallies on oil trade 📈 Alarming gains in USDJPY❗️

29 April 2026, 2:46 PM

BREAKING: Bank of Canada keeps rates unchanged 🇨🇦 📌 USDCAD extends gains 📈

29 April 2026, 1:11 PM

⏰US500 nears record highs ahead of Fed

29 April 2026, 10:42 AM

Market wrap: European stocks fall ahead to the Fed decision and BigTech earnings 📉

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