European markets ended slightly higher yesterday after initially dipping, with small gains seen across major indices. The Eurostoxx gained 0.11%, Germany’s DAX rose 0.21%, France’s CAC 40 increased by 0.13%, Spain’s IBEX was up 0.14%, and Italy’s FTSE MIB edged 0.01% higher. The UK’s FTSE was the only major index to fall, retreating by 0.08%.
Despite this modest recovery, traders should remain cautious ahead of the Federal Reserve’s interest rate decision scheduled for tomorrow. The possibility of a hawkish stance from the Fed could limit further market advances and increase volatility.
Forex traders should closely monitor the Fed’s guidance, as it may impact currency pairs linked to the US dollar and European markets.
Original Source: Giuseppe Dellamotta of investinglive.com






