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NZDUSD Technical Analysis
Last week the Fed opted to pause its tightening cycle, maintaining interest rates at 5.00-5.25%. The decision was driven by their intention to accumulate additional economic data before making further determinations regarding rate hikes. Their goal is to find the optimal level of policy restraint that can effectively bring inflation down to their target of 2% without triggering a severe recession.Up until now, the economic data in the United States has been encouraging, particularly within the h...
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Posted: Jun 23 2023, 11:57
Author Name: forexlive
Views: 081159