Gold, Dollar & Nasdaq React To FOMC Decision, Fresh Projections

As for major stock indices, the Nasdaq is pushing higher as investor risk appetite remains unscathed with the Fed reiterating its ‘lower for longer’ stance and intent on keeping the printing press greased up. After the digesting the immediate reaction to the September 2020 FOMC statement and updated economic projections, traders now shift focus to the follow-up press conference led by Fed Chair Jerome Powell scheduled for 18:30 GMT.

1 2
View single page >> |
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.