USD is back where it was

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The United States Federal Reserve has cut interest rates more than the markets expected. The Fed has cut 0.50% instead of 0.25%. The larger than expected USD rate cut initially caused a USD decline, as the demand for USD to pay off loans is set to decrease. However, by the start of Thursday's European trading hours, the Dollar index was back to levels where it traded before the volatile events.
Back to articles

Actual Topics

Thu, 19 Sep 2024 11:26:03 GMT

Bank of England keeps rates intact

At 11:00 GMT, Bank of England in its Monetary Policy Committee has decided to keep interest rates unchanged. As forecasted, official Bank rate of GBP has not changed 5.00%.

Thu, 26 Sep 2024 21:30:04 GMT

US home building recovers

Construction of single family homes in the United States has started to recover, as US interest rate cuts have created demand. Meanwhile, market analysts do not expect prices to rise, as supply is expected to meet the demand.

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.