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Back Fundamental analysis
EUR/USD Review. May 1. Summing Up Powell's Last Meeting
The EUR/USD currency pair traded on
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The EUR/USD currency pair traded on Thursday in a manner similar to the last few weeks. The chart below clearly shows that volatility has been actively declining in recent months and is currently at quite "average" levels. On the day of the FOMC meeting, which was Jerome Powell's last as head of the U.S. central bank, the EUR/USD pair traded with only 60 pips of volatility. This is even lower than the average for the past 30 trading days. Is
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Paolo Greco,
Analytical expert of InstaForex
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Stanislav Polyanskiy
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