Markets cautiously optimistic ahead of FOMC
US majors staged a long-waited comeback after suffering from multi-day losing streaks, at the time of writing, the SPX500 is trading at 3,955 after reaching a daily high of 3,974 and the NAS100 reclaimed its multi-month support level at 11,500.
SPX500 H1
NAS100 H1
The USD index declined further to 104.750, making way for EURUSD and GBPUSD to edge higher while USDJPY remains solidly below 140.
EURUSD H4
GBPUSD H4
The Aussie markets are expected to follow bullish lead from Wall Street and open higher near 7,200, paving way for the last interest rate decision from the world’s most powerful central bank (FOMC).
AUS200 H1
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