Forex Today: US Stocks Gyrate Again Ahead of FOMC

a few days ago. Bitcoin has recovered to trade above its key resistance level at $36,656 which is a bullish sign. However, Ethereum, the second largest cryptocurrency, remains stuck below its key resistance level at $2,544.Get in now!

In today’s US FOMC policy release, it is expected that the Fed will communicate it intends to hike rates in March. If it does not, we will likely see US stocks rise and the US dollar weaken.monthly policy release and rate decision from the Bank of CanadaNew Zealand CPI dataDaily new coronavirus cases soared to a new global record at the end of last week, with more than 3.7 million new cases recorded for the first time.

It is estimated that 60.6% of the world’s population has received at least one dose of a coronavirus vaccination.

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