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AUDUSD Technical Analysis

This week, the Federal Reserve appeared slightly more hawkish than expected. They decided to maintain interest rates at 5.00-5.25% without any changes, but they increased the projected terminal rate in the Dot Plot by 50 basis points. The FOMC chose to pause and gather more economic data before making a decision on a potential rate hike in July. Their caution is supported by the weaker details found in the latest NFP report, the ISM Services PMI report, and the CPI report, although core inflatio... Read More

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Audusd

Technical

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Forex

Posted: Jun 16 2023, 09:52

Author Name: forexlive

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