Monday July 26 2023
>US New Home sales dropped 2.5% in June 2023 to 697,000 annualized rate, lower than market consensus of 725,000.
>Federal Reserve raised interest rates by 0.25%, reaching 5.25%-5.5%, as expected. This is the highest rate since January 2001. They will continue monitoring economic conditions and adjust policies if needed to achieve inflation and employment goals. The economy has been growing moderately with strong job gains, low
Today Eur Usd may Raise interest Rates and the DXY is expected to be weak
>US New Home sales dropped 2.5% in June 2023 to 697,000 annualized rate, lower than market consensus of 725,000.
>Federal Reserve raised interest rates by 0.25%, reaching 5.25%-5.5%, as expected. This is the highest rate since January 2001. They will continue monitoring economic conditions and adjust policies if needed to achieve inflation and employment goals. The economy has been growing moderately with strong job gains, low
Today Eur Usd may Raise interest Rates and the DXY is expected to be weak