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FED INTEREST RATE DECISION PUSHES DOLLAR A NOTCH HIGHER | InvestmentBell

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AnalysisMarket OverviewFED INTEREST RATE DECISION PUSHES DOLLAR A NOTCH HIGHER
Market Overview

FED INTEREST RATE DECISION PUSHES DOLLAR A NOTCH HIGHER

MORRIS-JACOB-WAWERU-GITHUKU65
By MORRIS-JACOB-WAWERU-GITHUKU65
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FED halted the interest rate hiking decision for the first time in the last 9 meetings. Jerome, FED chair stated that they have tried to curb inflation over the last couple of months and pledged not to change the interest rate. Interest rates stand at 5.25%, previously 5.25%, and have seen the dollar rise above the 141.305 mark.

NB: INITIAL JOBLESS CLAIM REPORT will be unveiled today at 3:30EST and it has a significant impact on the financial market . It is good for intraday traders to be cautious

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I have 3 years of experience in forex and crypto trading, having worked with Moneta markets forex broker, BITMARKET cryptocurrency broker and currently working with HFM as an introducing broker. Day trading sits well with me since I find it more lucrative and obeys my trading strategy. I trade during the London and New York sessions pair USDJPY, EURUSD, and AUDUSD. linkedin.com/in/morris-jacob-90911817a
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