USDJPY surpasses key resistance, but more steps needed Short-term risk tilted to the upside; 157.00 mark under examination US S&P Global PMIs, initial jobless claims, new home sales on the agenda USDJPY closed Wednesday’s session with modest gains at 156.75 as the FOMC minutes highlighted worries about inflation and disagreements among policymakers on the timeline […]
Yesterday’s Fed meeting proceeded in line with expert forecasts. The base interest rate remained at 4.50%. Jerome Powell, who spoke after the Fed’s decision was announced, did not clarify the future direction of monetary policy. The head of the US regulator, in particular, noted that the Fed would not rush to cut rates and that, […]
The post Dollar Slightly Strengthened after the Fed Meeting appeared first on Action Forex.
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