đșđž Happy FED Day! đșđž
Here's what to know ahead of today's #FOMC rate decision:
đ Time of Release: 2:00 PM ET
đŠ Forecast: 5.50%
đ Previous: 5.50%
đ FOMC Statement: 2:00 PM ET
đ€ Powell Press Conference: 2:30 PM ET
đ° #DXY. Update:
đč Current Level:106.22
đč The USD is trading higher as the Fed's two-day meeting begins.
đč Market expects a hawkish hold with focus on Powell's messaging.
đč USD boosted by higher employment cost index data.
đ° Key Data to Watch:
đč ADP Non-Farm Employment Change
đč ISM Manufacturing PMI
đ° USDJPY Update:
đč Testing the golden Fibonacci level.
đč Mixed opinions on future movement and potential Bank of Japan intervention.
đ° Market Sentiment:
đč Anticipating a dovish Fed to keep the dollar bid neutral.
Note: Only 1 Hours 45 Minutes Left
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