The Fed keeps a very dovish stance despite stronger optimism

The Fed expressed more optimism about economic prospects, no worry about raising bond yields and saw no need to hike rates before 2024. The markets’ reaction was rather calm, but the USD plunged and the EUR/USD exchange rate rebounded unexpectedly from 1.19 to 1.1980.

usd-the-main-victim-dovish-fed
Share this news :

You might also read :

ES-gas
July 12, 2021

Sharp price increase

European gas prices increased sharply on Friday, mainly supported by the strong rise in Asia JKM prices (+13% on the spot, to €38.507/MWh). The rise…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]