Forex Preview: 02/05/2023 – Will the Fed hike rates for the last time?
May 2, 2023 9:45 am
On Wednesday, the FOMC is widely anticipated to deliver its last rate hike for this tightening cycle. However, with inflation staying well above the Committee’s target and underlying price pressures proving stickier than expected, will policymakers feel comfortable to signal that they are done? Or will they keep the door to more hikes open? And how may the dollar react?
0:00 Intro 0:17 Federal Reserve 1:58 US Dollar 3:04 EURUSD
For more information on the topics discussed in this video, including detailed charts and tables, read the full Forex Preview article: https://www.xm.com/research/analysis/previews/xm/bank-of-japan- decision-first-gathering-under-uedas-leadership-forex-news-preview- 178307
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Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
On Wednesday, the FOMC is widely anticipated to deliver its last rate hike for this tightening cycle. However, with inflation staying well above the Committee’s target and underlying price pressures proving stickier than expected, will policymakers feel comfortable to signal that they are done? Or will they keep the door to more hikes open? And how may the dollar react?
0:00 Intro
0:17 Federal Reserve
1:58 US Dollar
3:04 EURUSD
For more information on the topics discussed in this video, including
detailed charts and tables, read the full Forex Preview article:
https://www.xm.com/research/analysis/previews/xm/bank-of-japan-
decision-first-gathering-under-uedas-leadership-forex-news-preview-
178307
Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
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