Focus on BoE Today | BDSwiss Market Moves on MT4

-FED Aftermath During yesterday’s FED Interest Rate Decision, Jerome Powell pointed out that no further rate hikes will be implemented. However, he did not state anything on when the Central Bank will adjust rates further to the downside. There currently seems to be no rush from the Bank to lower rates, which in the end caused the USD to gear up momentum against other currencies. According to the recent trend, the positive momentum for the Greenback could be due to continue. -BoE to Deliver Today traders will focus on the Interest Rate Decision from the Bank of England. As inflation has come down from the previous double-digit figures it might be interesting to find out the future path of interest rates. Currently, rates are expected to remain at % but the further rate path is unclear for now. -Drones Shot Down The US has shot down three drones near Yemen. Also, ten drones have been shot down in the area, seemingly used by Houthi rebels. The drones used were similar to those produced by Iran. At the moment, the oil price is not reactive but rather looking to edge lower. -Market Talk After the FED Interest Rate Decision yesterday, the USD keeps resuming its strength. Worth noting that the positive Dollar could be a reason why equities fall for now. On another note, the AUD has been pushed below its recent support zone potentially causing further setbacks for the positive risk sentiment. Gold prices as well as the price of Silver have fallen further. The US Dollar might also be a reason here similar to oil, which keeps losing momentum despite geopolitical tensions remaining high. Today we will focus on the BoE Interest Rate Decision. 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.