USD/JPY Upbeat after Hawkish Fed Rhetoric
The US Federal Reserve slowed its tightening pace on Wednesday, but expects a higher terminal rate and delivered a largely hawkish message
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The US Federal Reserve slowed its tightening pace on Wednesday, but expects a higher terminal rate and delivered a largely hawkish message
The US Federal Reserve moderated the pace of rate increases, with a 50 bps move on Wednesday, but now expects rates to peak higher and Chair Powell delivered a hawkish message
BTC/USD rose to the highest levels in a month and past key resistance, following the moderation is US inflation, as markets now brace for the Fed’s policy decision
The pair jumped yesterday due to the downside surprise in US CPI, but treads water ahead of the Fed’s policy decision today, with the one from the European Central Bank following on Thursday
Watch today’s US Open for commentary on the CPI inflation figures and the upcoming policy decision by the central banks of the US, the UK and Europe
The commodity recovers from Friday’s 2022 lows, helped by the fact that the Keystone pipeline remains closed, as markets brace for the US inflation update and the Fed’s policy decision
After Monday’s decline, the pair finds support today and awaits the US CPI inflation update and the latest policy decision by the Fed for the next leg of the move
XAU/USD makes a cautious start to the week, as markets gear up for the US CPI inflation update and the latest interest rate decision by the Federal Reserve
The pair has been consolidating its gains recently, as markets brace for a data - heavy week, which includes CPI inflation from the US and the UK, as well as the interest rate decisions by the Fed and the ECB
During the week of December 5-9, Disney launched a new streaming subscription plan that includes advertisements, the US FTC sued to block Microsoft acquisition of Activision, Uber launched a robo-taxi service and more
Watch today’s US Open for insights into Wall Street’s effort to stop the five-day slide, the 2022 lows of USOIL, the latest policy decision by the Bank of Canada and more
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