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Gold Technical Analysis

Last week, the Fed finally paused its tightening cycle, settling at a range of 5.00-5.25%. Their rationale behind this decision was to await additional economic data before determining any further interest rate increases. Their aim is to carefully calibrate the appropriate level of monetary restraint necessary to lower inflation to the desired 2% target without inflicting excessive strain on the economy. They have also added 50 bps to their projected terminal rate in the Dot Plot to show their c... Read More

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Gold

Technical

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Forex

Posted: Jun 19 2023, 08:56

Author Name: forexlive

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