Market Overview
The U.S. Dollar (USD) remained stable after the Federal Reserve kept the Federal Funds Rate unchanged at 4.50%, maintaining a cautious stance amid economic uncertainty. The FOMC Statement and Press Conference reinforced expectations of a wait-and-see approach, keeping traders focused on upcoming economic data.
The Advance GDP report, expected at 2.7% (down from 3.1%), could impact sentiment if growth slows further. Unemployment Claims are projected at 224K, slightly above the previous 223K, indicating a softening labor market. Meanwhile, the Advance GDP Price Index at 2.5% suggests lingering inflation risks.
Financial Market Newsflash
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