After FOMC, focus turns to Bank of England
After the Fed confirmed its dovish shift yesterday, the Bank of England has a so-called Super Thursday today.
All eyes on FOMC
Today the two-day Federal Reserve policy meeting concludes. The central bank’s tone will set the direction for the dollar across the board.
Fresh harbingers of recession
The US stock markets shifted to a recovery mode on Wednesday after an aggressive pre-Christmas sell-off. S&P 500 gained by nearly 5%, with most sectors turned green.