Last week, the Federal Open Market Committee held their fourth meeting of the year where they hiked the Federal Funds Rate – a benchmark for short-term interest rates in the US – by...
EUR/USD TALKING POINTSPossible federal gas tax reprieve.Focus shifts to Powell’s testimony tomorrow.Eurozone current account slumps to lowest level since May 2020.EURO FUNDAMENTAL BACKDROPPresident Joe Biden has announced that he may be considering a...
Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on...