Daily Market Outlook - Wednesday, Sep. 17
Asian stocks fluctuated between minor gains and losses as investors awaited the Federal Reserve’s policy announcement, speculating that the central bank might lower interest rates for the first time this year.
Why One ‘Momentum Bar’ Could Decide The Fate Of The S&P 500 Rally
Find out the hidden supply-demand signals inside the S&P 500 that could decide whether the market is gearing up for a breakout or a deeper pullback.
EUR/USD Remains Steady Near Recent Highs After Soft Eurozone Inflation
The Euro nudged down to the mid-range of the 1.1800s from four-year highs above 1.1875.
EUR/USD Hits Four-Year High: All Eyes On The Fed
The EUR/USD pair surged to 1.1854 USD on Wednesday, reaching its highest level since September 2021. Investors are positioning ahead of the Federal Reserve’s highly anticipated interest rate decision, due later today.
Intraday Analysis - Wednesday, Sep. 17
The greenback softened even further as the pair hit a new multi-week low ahead of the Fed’s rate decision.
Crude Oil Forecast: Sees A Range Play Out
WTI crude oil continues to trade within a tight $62–$65 range, with the Fed decision set to drive the next breakout or pullback.
UK Inflation Steady At 3.8% In August As Bank Of England Faces Policy Test
UK inflation remained unchanged at 3.8% in August, according to data from the Office for National Statistics (ONS).