Fed meeting | 26 Enero 2022

26 Enero 2022, USD/JPY

Fed meeting

USDJPY trading plan:

The Federal Reserve is expected to signal plans to raise interest rates in March as it focuses on fighting inflation and sets aside, at least for now, economic risks posed by the ongoing coronavirus pandemic, a bout of market volatility, and Western fears of a Russian invasion of Ukraine. With U.S. inflation "very high" and the unemployment rate now just 3.9%, Fed Chair Jerome Powell and his colleagues will talk up the economy without sounding apocalyptic on inflation and prepare the ground for a March liftoff of interest rates. With consumer inflation rising at 7% annually, the fastest pace since the early 1980s, the issue has been flagged by the White House as a key economic and, for President Joe Biden's Democratic Party, political risk.

Investment idea: buy 113.58 and take profit 114.12.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
David Johnson
Analyst of «FreshForex» company
Close
Iniciar sesión