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USDJPY Technical Analysis - Waiting for a breakout

USThe Fed left interest rates unchanged as expected at the last meeting.The macroeconomic projections were revised higher, and the Dot Plot showed that the FOMC still expects another rate hike by the end of the year with less rate cuts projected in 2024.Fed Chair Powell reaffirmed their data dependency but added that they will proceed carefully. The US CPI beat expectations on the headline figures, but the core measures came in line with forecasts and the market’s pricing barely changed. The lab... Read More

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Usdjpy

Technical

Analysis

Waiting

Breakout

Forex

Posted: Oct 25 2023, 07:14

Author Name: forexlive

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