Forex Forecast and Cryptocurrencies
First, a review of last week’s events: EUR/USD. Despite the fact that, on the eve of the US Federal Reserve interest rate increase, 70% of experts, supported by 100% indicators, expected the dollar to strengthen, nothing of the kind happened....
Stock Markets Correcting 10-Year Up Trend But Fed’s Not to Blame
The global stock markets just turned from bad to worse last week. DOW suffered its worst week since the global financial crisis back in 2008, down the week by nearly -7%. S&P 500, down the month by -11.4%, is also...
Treasury Secretary Mnuchin moves to quell firestorm, says Trump never suggested firing Fed Chairman
President Donald Trump is adamantly opposed to the Federal Reserve’s rate hike campaign, but has never suggested firing Fed Chairman Jerome Powell, Treasury Secretary Steven Mnuchin said on Saturday, moving to defuse a controversy that could roil global markets even...