Fed reluctant to raise rates | 02 11月 2023

02 11月 2023, USD/JPY

Fed reluctant to raise rates

USDJPY trading plan:

The dollar fell broadly, with risk-sensitive Asian currencies leading gains, as investors cheered a likely peak in U.S. interest rates after the Federal Reserve left them on hold. Fed Chair Jerome Powell left the door open to another hike, but with the funds rate target ceiling at 22-year high of 5.5% he said the risks of doing too much or too little were now balanced. Markets took that as a green light to stick with a sub 20% chance that rates will rise in December. Ten-year Treasury yields are down 20 basis points from Wednesday's highs, equities rallied and risk-sensitive currencies bounced.

Investment idea: sell 151.25 and take profit 150.55.

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus