Forex Today: Fed Almost Unanimously Expected to Hold Rates Steady

CME FedWatch Tool Suggests >95% Expect no Fed Rate Cut; Gold Makes Record New York Close; China Cuts Key Rate; INR Affected Little by Indian Strike in Pakistan; Bitcoin Invalidates Resistance Above $95k, Paves Way for Move Higher?

May 8, 2025 - 10:51
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Forex Today: Fed Almost Unanimously Expected to Hold Rates Steady
CME FedWatch Tool Suggests >95% Expect no Fed Rate Cut; Gold Makes Record New York Close; China Cuts Key Rate; INR Affected Little by Indian Strike in Pakistan; Bitcoin Invalidates Resistance Above $95k, Paves Way for Move Higher?