![](https://www.cityam.com/wp-content/uploads/2021/12/IG_Red_Logo-1.png?w=58)
| Updated:
Early Morning Call: All eyes on Fed; gold breaks support; and Adobe down
All eyes are on the US dollar with the Federal Reserve meeting ahead. EUR/USD fell yesterday as the European Central Bank expects 2023/24 inflation below the 2% target. We’re also watching GBP ahead of UK consumer price inflation data.
Adobe (ADBE) plunged 7% following JPMorgan downgrade. And gold breaks support as USD strengthens ahead of Fed meeting.