The Federal Reserve was expected to leave the interest rate unchanged at a range of 75-100 basis points. The big question is about the June decision. Will they raise rates then or take a longer pause? See Fed preview: reasons to be worried – 3 scenarios The US dollar was stable ahead of the publication with [...]
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French opinion polls are converging around the round number of 60% support for Macron and 40% for Le Pen. This is consistent with the numbers seen in previous days and now we are seeing a convergence. The Opinionway poll released at 10:00 GMT and the IFPO one published at 16:00 GMT are now in full agreement. [...]
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The US services sector is doing well, growing at an accelerated pace. ISM’s non-manufacturing PMI beats expectations with a score of 57.5 points. Orders are at the highest since 2005. The US dollar ticks higher with USD/JPY reaching 112.47. The ISM Non-Manufacturing PMI for April was expected to advance to 55.8 points from 55.2 in March. Any score [...]
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