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-FED Interest Rate Decision Traders are closely monitoring today’s Federal Reserve interest rate decision. While no change in rates is expected, attention will be focused on the accompanying press conference. In particular, market participants will be scrutinizing the dot plots for clues about future rate movements. The recent uptick in inflation may prompt the central bank to reassess its strategy. Although figures have stabilized in recent months, they show little inclination to weaken further. Meanwhile, the EURUSD currency pair has found strong support, with the daily chart indicating trading above the 50-day moving average. The presence of a bullish pin bar candlestick suggests potential upward momentum today, with a potential entry point around . -JPMorgan The bank has announced an increase in its dividend payment rate. Following a record profit last year, shareholders will now receive USD per share. Remarkably, this marks the second time within 12 months that the bank has raised its dividend payments. -Market Talk The EURUSD currency pair may present opportunities during the FOMC press conference following today’s interest rate decision. Based on the aforementioned support zone, the EUR may appreciate, as indicated by the technical pattern. It’s worth noting that equities may also experience some volatility later on. Depending on the likelihood of rate decreases, this could further propel indices upwards. The NAS100 might break higher from the 18,100 zone, while the SPX500 could potentially reach a new all-time high if the 5,200 area is breached. A weaker Dollar clearly supports such perspectives. Check the UPCOMING WEBINARS here: • Download the BDSwiss iOS app: • Download the BDSwiss Android app: • Join our Telegram Channel: • Like us on Facebook: • Follow us on Twitter: • Follow us on LinkedIn: • Follow us on Instagram: • Subscribe to our Channel: Your capital is at risk. T&Cs apply.
