Fed Update Drives Dollar Down and Gold Up, SNB and BOE in Focus Today
Thursday, 21 March 2024, 03:57
Fed Update Impact:
After the FOMC meeting, the Fed's dovish ton...
Market Reactions:
- The dollar fell as risk trades soared.
- Gold surged to a record high.
- USD/JPY trimmed gains, while EUR/USD and GBP/USD rose.
- S&P 500 and Nasdaq futures rose on lower Treasury yields.
Central Bank Focus:
SNB and BOE expected to make announcements later today, potentially impacting markets.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.