The EUR/USD pair jumped from 1.0785 to around 1.0850 following the Federal Reserve's decision to keep interest rates unchanged. The US Dollar weakened across the board as US Treasury yields plummeted.
The Federal Reserve kept the key rate unchanged at the 5.25%-5.50% range, the highest level in 22 years, as widely expected. In the statement, the Fed recognized that inflation “eased” but “remains elevated”.
According to the FOMC staff projections, there is an expectation of weaker economic growth compared to the September projections. Regarding interest rates, no policymakers foresee rates being higher by the end of 2024 than their current levels. Attention turns to Fed Chair Jerome Powell’s press conference.
On Thursday, the European Central Bank (ECB) will announce its decision on monetary policy. No change is expected at the last meeting of the year. Markets will receive updated staff macroeconomic projections and will hear from ECB President Christine Lagarde.
Follow Fed meeting – Live coverage
If the upside momentum continues, the EUR/USD pair could test the 20-day Simple Moving Average (SMA) at 1.0870 and a daily close above it would strengthen the outlook for the Euro. On the flip side, immediate support is seen at 1.0810, followed by the 1.0770 area.
© 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.