- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- EUR/USD reverses sharply on Powell's words, breaks below 0.9850 to weekly lows
EUR/USD reverses sharply on Powell's words, breaks below 0.9850 to weekly lows
- Fed hikes rates by 75 basis points as expected could slow down in December.
- Fed Chair Powell does not sound so dovish, triggers a recovery USD recovery.
- EUR/USD dropped from 0.9970 back to the 0.9860 area.
The EUR/USD reversed sharply from the highest level since Friday at 0.9975 and broke below 0.9850, reaching the lowest level in a week at 0.9830. The words from Fed Chair Powell strengthened the greenback.
Dovish FOMC, hawkish Powell
The Federal Reserve raised interest rates by 75 basis points on Wednesday, for the fourth time in a row. The vote was unanimous. The FOMC said it would take into account the cumulative effect of monetary tightening and the lag between the rate hikes and the impact on the economy. During the press conference, Powell said time for slower hikes may come as soon as December or February.
After the FOMC statement the US dollar, US yields tumbled while equity markets soared. During Powell’s press conference the dollar bottomed and then started recover. It is back at the levels it had before Fed’s decision. Stocks and Treasuries gave back all gains. The moment of the reversal was when Fed Chair said the ultimate level of interest rates will likely be higher than earlier estimates.
The EUR/USD is hovering around 0.9840, below the critical short-term support area of 0.9850, looking weak. Euro bulls need the pair to consolidate above 0.9920 in order to gain strength.
Technical levels
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
