AUD/USD Rebound Pulls RSI Out of Oversold Zone Ahead of Fed Rate Decision
The Relative Strength Index (RSI) point to a larger rebound in AUD/USD as the oscillator climbs above 30 to offer a textbook buy signal.
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The Relative Strength Index (RSI) point to a larger rebound in AUD/USD as the oscillator climbs above 30 to offer a textbook buy signal.
Tateor. y -- commentator. you wrote that a recession is definite but what are the poor decisions that you're references that got us here? >> i think in retro, the fed rate is way to strong to raise interest rates. they thought inflation would be intransitory and it stuck with us for much longer. because they have waited so long to start raising interest rates, it suggests they'll have to be much more aggressive when they do raise rates this year which raises the risk of inflation. in retrospect, i think it's
The Federal Reserve interest rate decision is likely to sway EUR/USD as the central bank is widely expected to normalize monetary policy at a faster pace.
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The Reserve Bank of India may be forced to act faster on policy tightening after data showed retail inflation spiked sharply to nearly 7 per cent in March, and the fallout of the Ukraine war pushing energy rates higher was expected to add to the already spiralling price pressures.