EURUSD

The Federal Reserve continues to guide the markets with its anticipated interest rate decision. By keeping the federal funds target rate stable at a range of 4.25% - 4.50%, it has attracted the attention of investors. Additionally, information emerged that the monthly sales of treasury securities would drop from $25 billion to $5 billion in April. Economic projections include changes in growth and inflation forecasts for 2025.

Fed Chairman Powell emphasized the need to monitor goods inflation to assess its impacts on inflation. He noted that the balance in the labor market remains intact, but if it weakens, steps towards easing could be taken. A decline in the Dollar Index has been observed, leading to an increase in the EURUSD and GBPUSD pairs. Today, decisions from the central banks of the UK and Switzerland are awaited.