Foreign currencies increased sharply at the same time

업데이트됨
The USD decreased in the last trading session
The US Federal Reserve (Fed) may begin cutting interest rates when inflation falls closer to the US Central Bank's 2% target.
However, trading volumes fell after Christmas as some markets remained closed for the holidays. Many traders globally also take a holiday until Tet.

The greenback is on track for its worst performance since 2020 against other currencies, as market expectations of a Fed rate cut have dented the dollar's appeal against peers. other currency.

Many analysts expect the US economy to slow markedly in 2024, but the Fed is also expected to take action to ensure that the gap between the federal funds rate and actual inflation is not too wide. .

If inflation falls much faster than target, the Fed may tighten monetary conditions more than policymakers intended.
노트
SELL GBPUSD 1.2820
TP1: 1.2780
TP2: 1.2700

SL: 1.2890
노트
hit tp1 + 60 pips
노트
runnng + 100 pips
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