The Fed can still raise rates | 02 Tháng Mười 2023

02 Tháng Mười 2023, GBP/USD

The Fed can still raise rates

GBPUSD trading plan:

The dollar has gained on expectations that the U.S. economy will remain more resilient to higher interest rates and oil prices than other economies, after the Federal Reserve last week warned it may hike rates further and is likely to hold them higher for longer. A measure of inflation closely watched by the Federal Reserve has now averaged near the central bank's 2% target for the last three months, another step forward in the Fed's inflation battle and a sign that price increases have continued slowing despite better-than-expected job and economic growth. The Federal Reserve System can still raise interest rates at its meeting on 1 November, which is favourable for a stronger dollar.

Investment idea: sell 1.2239 and take profit 1.2167.

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 .