The Fed committed to not reversing course | 02 Marzo 2023

02 Marzo 2023, USD/JPY

USDJPY trading plan:

Traders of futures tied to the Federal Reserve's policy rate added to bets that the U.S. central bank will raise its benchmark rate to a range of 5.5%-5.75% by September, as a widely-followed report signaled some upward price pressures in manufacturing last month. The rate-futures contracts currently are pricing in a high likelihood of interest-rate hikes at each of the Fed's next several meetings, and a receding chance of any rate cuts later this year. The fed funds rate is currently 4.5%.4.75%. This is a positive signal for the dollar.

Investment idea: buy 136.39 and take profit 137.00.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus