Forexlive Americas FX news wrap 3 May: Damn the Fed hike. USD/rates move lower after hike
Forex news for North American trading on May 3, 2023
Source: forexlive.com
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Currency market: USD/JPY and Fed funds long term averages
USD/JPY weekly trade as posted Tuesday: Short 114.22 and 114.37 to target 113.46 then 113.31 Highs 113.94, lows 113.26 and +57 Pips. Sad sad week for
Source: fxstreet.com
The Feds central tendencies and dot plot for the March 2021 meeting
The Feds central tendencies and dot plot for the March 2021 meeting Wed 17 Mar 2021 18:03:50 GMT Fed Dot Plot Below is the dot plot from the March meeting. At the time, 1 Fed official saw a hike in 2022, and 5 saw a hike in 2023. The Dot plot for March sees four Fed officials expecting hikes in 2022 and seven Fed officials in 2023. The central tendencies for 2021 sees GDP higher. The central tendencies went from 3.7% to 50% to 5.8% to 6.6% Unemployment lower, The central tendencies went from 4.7% – 5.4% to 4.2% – 4.7% and PCE inflation higher. Central tendencies went from 1...
Source: forexlive.com