Review of the main events of the Forex economic calendar for the next trading week (09.05.2022 – 15.05.2022)
The first week of May was very volatile and rich in economic events. Despite the volatility during it, the DXY dollar index remained almost at the same levels as a week ago, having managed, nevertheless, to update a 2-year high above 104.00.
As a result of the Fed meeting, which ended last Wednesday, its leaders decided to raise interest rates by 0.50% and announced the beginning of the reduction of the Fed’s balance of assets in the amount of $9 trillion next… Read full author’s opinion and review in blog of #LiteFinance