Before Christmas, the quotations of the main currency pair managed to breach the round level of USD 1,10, where the peaks were at the end of November this year. Yesterday's session brought a continuation of the upward movement and confirmed [...]

In the morning we also learned about the so-called "minutes" from the last meeting of the Bank of Australia. Even though the RBA kept rates at 4,35%, records showed that bankers were considering the possibility of another interest rate increase.

Only one thing matters during today's session - the FOMC. The decision on the level of interest rates in the US will be announced at 20:00 p.m., and Jerome Powell's press conference will start at 20:30 p.m. In fact, after the decision itself [...]

The key event of yesterday's session was the publication of inflation data from the United States. US CPI data for October indicated a larger than expected slowdown. The headline CPI inflation rate slowed from [...]