Federal funds futures | 27 January 2022

27 January 2022, GBP/USD

Federal funds futures

GBPUSD trading plan:

Traders widely expect the Fed to raise its benchmark overnight interest rate from the current near-zero level at the March 15-16 meeting. Federal funds futures have priced in another three rate hikes in 2022 after the March liftoff. FOMC members also agreed at this week's meeting on a set of principles for "significantly reducing" the size of the Fed's massive asset holdings. Officials said they will shrink holdings "primarily" by limiting how much of the principal from maturing bonds it would reinvest each month. That plan would start after the liftoff in interest rates, the Fed said, without yet setting a specific date, pace or final size.

Investment idea: sell 1.3444 and take profit 1.3393.

David Johnson
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus