The recession risks | 10 Tháng sáu 2022

10 Tháng sáu 2022, USD/JPY

The recession risks

USDJPY trading plan:

The U.S. Federal Reserve will hike its key interest rate by 50 basis points in June and July, with rising chances of a similar move in September, according to poll of economists who see no pause in rate rises until next year. Faced with inflation running at just below a four-decade high and more tightening in the labor market, the Fed is under pressure to quickly take its policy rate to the neutral level that neither stimulates nor restricts - and beyond. While more than two-thirds of respondents, 59 of 85, expected a 25-basis point hike in September, more than one-quarter, 23, saw the Fed hiking again by half a point. That is up from one-fifth of the sample last month. Rate hike expectations knocked the U.S. stock market briefly into bear territory last month and the U.S. 10-year Treasury yield to trade above 3% for the first time in three years. They have also kept alive recession risks.

Investment idea: buy 133.55 and take profit 134.00.

David Johnson
Analyst of «FreshForex» company
Đồng ý với đánh giá?
Ý kiến ​​của thương nhân:
Close
Đăng nhập
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .