Dollar Ruled. Oil Hit $100. FOMC Is Tomorrow. #marketupdate #crypto #forextrading #news
Last week belonged to the dollar. The US hit 60+ trading partners with fresh tariffs, US-Iran strikes continued with no ceasefire in sight pushing Brent crude toward $100 a barrel, and USD/JPY surged to a 40-year high at 163.80. The ECB held at 2.25% but leaned hard hawkish — September hike odds are now at 70%. UK jobs smashed forecasts, German ZEW nearly doubled expectations, and Eurozone PMI returned to expansion for the first time in four months. Good data everywhere in Europe — but the dollar absorbed it all. And the FOMC decides tomorrow at 2:00 PM ET. Stay positioned. 📈 #KVBPrime #ForexTrading #MarketRecap #WeeklyRecap #USD #USDJPY #ECB #OilPrice #EURUSD #FOMC #ForexNews #TradingTips #CFDTrading #FinanceTikTok #MarketUpdate
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