WTI reversed from support level 68.00 Likely to rise to resistance level 73.35 WTI crude oil recently reversed up from the major long-term support 68.00 (which has been repeatedly reversing the price from March) coinciding with the lower daily Bollinger Band. The upward reversal from the support 68.00 is likely to form the daily candlesticks […]
Mar 21, 2024
FOMC Remain Data Dependent, But on Track for June
The FOMC are sanguine on the growth and inflation outlook, and view the risks as coming into balance. March’s FOMC meeting communications and forecasts were largely as expected, highlighting policymakers’ confidence in the fight against inflation and achieving a soft landing. The FOMC is on track to begin cutting in June, assuming progress continues to […]
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