Tag: US jobless claims

November 22, 2023 BY Simon Mugo

EURUSD Falls on Upbeat US Jobless Claims Data, FOMC Minutes

According to the minutes, the central bank intends to maintain a restrictive monetary policy until inflation approaches its target of 2%. However, Federal Open Market Committee (FOMC) members believe any decisions should be cautiously approached. In summary, the minutes from the meeting provided a relatively balanced perspective, leaving little clear direction for the US dollar.…

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