Market focus is now on the Fed meeting | 24 Januari 2022

24 Januari 2022, EUR/USD

EURUSD trading plan:

Market focus is now on the U.S. Federal Reserve's meeting on Jan. 25-26, and traders expect the central bank to tighten policy at a much faster pace than thought a month ago to tame persistently high inflation. High-quality bonds remain challenged as traders sold off longer-term government bonds on inflation concerns and priced in a more aggressive timetable for Fed rate hikes. This sentiment carried over to high-yield corporate bonds. Treasury yields have risen in anticipation of tighter policy, with those on the benchmark 10-year Treasury up 40 basis points from recent lows. This is a positive factor for the dollar.

Investment idea: sell 1.1350 and take profit 1.1290.

David Johnson
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.