Forex Today: FOMC Minutes Suggest 1% Hike by August
Enter your emailFOMC Meeting Minutes show Fed likely to hike rates by 0.50% in each of the next two months.
The FOMC Meeting Minutes released last night indicate that the Fed is likely to hike the interest rate by 0.5% in June then again in July, beyond the “neutral” level, with members expressing hope strong action soon will allow for flexibility later in the year. However, it was also indicated that “restrictive” interest rates “may well become appropriate”.
The FOMC release did not trigger any abnormally large market movements, but it helped firm up the US Dollar which has been declining for almost two weeks . Stocks and commodities rose a bit, suggesting the market still has some cautious optimism about a “soft landing” in the USA. In the Forex market, the US Dollar is firmer and rising, showing signs of returning to the direction of its long-term bullish trend., are continuing to consolidate. However, Bitcoin’s key support level at $28,607 has continued to hold for yet another day.we may see a rise in value here over the coming days
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
GBP/USD bounces from weekly lows and marches firmly above 1.2530s pre-FOMC minutesGBP/USD bounces from weekly lows and marches firmly above 1.2530s pre-FOMC minutes By christianborjon GBPUSD Majors Macroeconomics Technical Analysis
続きを読む »
AUD/USD marches towards 0.7120 as DXY eases, the spotlight is on FOMC minutesThe AUD/USD pair is advancing firmly to re-test its weekly high at 0.7127 as risk-on impulse rebounds and safe-haven assets are losing their traction
続きを読む »
Japanese Yen Breakout Looks Premature as USD/JPY Eyes FOMC Minutes, PCE Data NextThe Japanese Yen has been rising against the US Dollar as growth concerns have been brewing. USD/JPY could still reverse higher on FOMC minutes and PCE data this week. Get your market update from ddubrovskyFX here:
続きを読む »
Breaking: FOMC Minutes sink the US dollar a touch despite inflation risk skewed to the upsideDeveloping story The Federal Open Market Committee minutes have been released which are so far sending the US dollar DXY index a touch softer. At the
続きを読む »
US Dollar Index auctions below 102.00 ahead of FOMC minutes, risk-on impulse activeThe US dollar index (DXY) is looking to extend its losses after violating Tuesday’s low at 101.65 as the soaring market mood has diminished the appeal
続きを読む »
USD/JPY sticks to gains near 127.00 amid stronger USD, FOMC minutes awaitedThe USD/JPY pair surrendered its modest intraday gains and was last seen hovering near the lower end of the daily trading range, just below the 127.00
続きを読む »