The USDs reaction has been a modest rise in the USD as the Fed chooses to forecast only 1 cut between now and the year's end. EURUSD: The EURUSD has moved down toward the 50% midpoint of the June trading range at 1.08175. The price low reached 1.08145. The 100-day MA comes in lower at 1.08034. The current price trades at 1.0828. The 200 bar MA on the 4-hour chart is at 1.0832. Moving back above and staying above would give sellers some cause for pause.USDJPY: The USDJPY fell below the 200-hour MA this morning at 156.395. The low price reached 155.73. The move higher after the rate decision has taken the price back to test the 200-hour MA. The high price just reached 156.41 just above the 2
Hence then, the article about us dollar corrects higher after the fomc rate decision was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( US dollar corrects higher after the FOMC rate decision )