09.18.2024: Fed’s price determination might save USD from collapse. Outlook for EUR/USD, oil, and RUR

On Monday, leading US media sources were certain that the Fed would cut rates by 50 basis points. However, yesterday, everyone seemed to forget those reports. The same sources started discussing a high likelihood of a 25-basis-point cut instead.This shift allowed the US dollar to strengthen slightly at the start of the American trading session.

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00:00 INTRO
00:17 USDX
00:38 FED KEY INTEREST RATE
01:06 JEROME POWELL
01:40 EUR | USD
02:12 BRENT
02:35 IRAN AND ISRAEL
02:56 USD | RUB
03:09 CNY | RUB