{"id":24390,"date":"2023-02-02T11:24:13","date_gmt":"2023-02-02T11:24:13","guid":{"rendered":"https:\/\/fxglobe.wpenginepowered.com\/market-moves-on-feds-rates\/"},"modified":"2023-07-10T20:51:02","modified_gmt":"2023-07-10T20:51:02","slug":"market-moves-on-feds-rates","status":"publish","type":"post","link":"https:\/\/www.fxglobe.com\/es\/market-moves-on-feds-rates\/","title":{"rendered":"Market Moves On FED\u2019s Rates"},"content":{"rendered":"\n<p>Good morning Traders!<\/p>\n\n\n\n<p>Yesterday we received the Federal Funds Rate, where the market was expecting a rise of a quarter of a precent to 4.75% which is what the FED has delivered. Investors went on to cheer comments from Chair Jerome Powell that the \u201cdisinflation process has started\u201d and sold off the <a href=\"https:\/\/www.fxglobe.com\/lower-cpi-weakened-the-us-dollar\/\" data-type=\"post\" data-id=\"24593\">US dollar<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">GBPUSD<\/h2>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" data-id=\"8943\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/05\/GBPUSD-D-scaled.jpg\" alt=\"\" class=\"wp-image-8943\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" data-id=\"8945\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/05\/GBPUSD-M-scaled.jpg\" alt=\"\" class=\"wp-image-8945\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" data-id=\"8948\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/05\/GBPUSD-W-scaled.jpg\" alt=\"\" class=\"wp-image-8948\"\/><\/figure>\n<\/figure>\n\n\n\n<p><a href=\"https:\/\/www.fxglobe.com\/gbpusd-pullback\/\" data-type=\"post\" data-id=\"30789\">GBPUSD<\/a> is consolidating in a tight range underneath the Resistance level of around 1.2450. Following the FED action yesterday, we saw the market raising from it\u2019s lows to print an ever so slightly Higher Low.<br>If the market will break through this resistance level, then it will also be confirming an uptrend on the weekly chart, however the Monthly chart remains in a downtrend. I\u2019d like to see either a compression of price against this level, making Equal Highs and Higher Lows before a potential break of this level, or a strong decisive break and a close above the level, followed by a pullback to test this level from above.<\/p>\n\n\n\n<p>Note that the <a href=\"https:\/\/www.usbank.com\/investing\/financial-perspectives\/market-news\/how-do-rising-interest-rates-affect-the-stock-market.html\">Bank of England<\/a> is due to deliver their Official Bank Rate and Monetary Policy Summary at 12.00pm GMT. Big economic news may see volatile moves in the market, so risk management is of paramount importance.<\/p>\n\n\n\n<p>Happy Trading!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning Traders! Yesterday we received the Federal Funds Rate, where the market was expecting a rise of a quarter of a precent to 4.75% which is what the FED has delivered. Investors went on to cheer comments from Chair Jerome Powell that the \u201cdisinflation process has started\u201d and sold off the US dollar. GBPUSD [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":17801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"Market Moves on FED&#039;s Rates | %%sitetitle%%","_seopress_titles_desc":"Stay informed about the latest market movements and fluctuations driven by the Federal Reserve&#039;s interest rate decisions.","_seopress_robots_index":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-24390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/posts\/24390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/comments?post=24390"}],"version-history":[{"count":0,"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/posts\/24390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/media\/17801"}],"wp:attachment":[{"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/media?parent=24390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/categories?post=24390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/tags?post=24390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}