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Euro/dollar sinks below parity but Fed provides life jacket

Euro/dollar falls through parity, then reverses as Fed downplays 100bp rate hike. Stock markets and oil prices follow similar path, but gold can’t catch a break. Chinese economy contracts, Italian politics in the spotlight, key US data eyed.Risk Warning: 74.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk...

Broadcast on:
15 Jul 2022

Euro/dollar falls through parity, then reverses as Fed downplays 100bp rate hike. Stock markets and oil prices follow similar path, but gold can’t catch a break. Chinese economy contracts, Italian politics in the spotlight, key US data eyed.

Risk Warning: 74.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

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