Today all eyes were on the Fed.
Stocks dropped after the open, then moved sideways with traders waiting for the FOMC Statement and Press Conference this afternoon.
At 2pm ET the Fed voted to keep rates unchanged, with rates not expected to increase until late 2022.
Although there weren’t really any
GBPUSD - Macro Elliot wave count (Potential Scenario)
On the larger scale for GBPUSD , structure wise especially i see another leg up for the C wave of the X wave, which would imply we are now in an impulse rather than an ABC . Im also looking for a possible move where we
Purchasing managers’ index forecast to fall below 2008 recession level to all-time low.
Severe contraction prompted by collapse in consumption after historic job losses.
Service PMI may provide warning of much deeper economic losses.
April figures on sales and payrolls could reignite the safety trad