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CPT Markets: Federal Reserve9The monthly interest rate policy remains unchanged! Unexpected release of inflation in the UK...

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dollar/Japanese yen (USDJPY):
CPT Markets: Federal Reserve9The monthly interest rate policy remains unchanged! Unexpected release of inflation in the UK...116 / author:CPT / PostsID:1726045




After a significant surge in the US dollar against the Japanese yen on Wednesday, it rose to148.33Nearby, the Federal Reserve announced a decision to keep interest rates unchanged, while also stating that it still expects another rate hike before the end of the year, and that the rate cut next year will be less than previously expected.

According to the forecast released by the Federal Reserve at the end of the two-day meeting, the final rate hike, if achieved, will be achieved in this cycle. If the Federal Reserve continues to take this measure, then2022year3Since the start of the tightening policy in June, it will raise interest rates more than a dozen times. The market has fully digested the actions that will not be taken at this meeting, which has kept the federal funds rate target at5.25%-5%, is approximately22The highest level in years. This interest rate determines the fee standard for overnight loans between banks, but it also affects various forms of consumer debt. Although it is not expected to raise interest rates, there is still considerable uncertainty about where the Federal Open Market Committee, which sets interest rates, will go. From the documents released on Wednesday, it seems that the market tends to adopt stricter policies and long-term higher interest rates.

In terms of yesterday's financial event data, the Japanese Ministry of Finance announced8The monthly commodity trade account fell below expectations-9305One billion yen, with imports exceeding exports reflecting a serious trade deficit.

From the upward direction, the upper suppression(Upper resistance) 148.30,148.80; From the downward direction, the lower support147.90。



euro/GBP (EURGBP):
CPT Markets: Federal Reserve9The monthly interest rate policy remains unchanged! Unexpected release of inflation in the UK...855 / author:CPT / PostsID:1726045




After a significant intraday surge against the pound on Wednesday, the euro rose to0.8635Nearby, due to an unexpected slowdown in inflation18After the lowest level in six months, traders are betting that the Bank of England's interest rate hike cycle is coming to an end.

The market reaction is to reduce bets on further significant tightening, pushing the pound down to5The lowest level since the beginning of the month and stimulated the rise of government bonds. Bloomberg SocioeconomicsDan HansonandAna AndradeRepresenting the United Kingdom8The significant decline in the monthly consumer price index unexpectedly increased the risk of the Bank of England not raising interest rates this week. Overall, we believe that the strong momentum of salary growth is enough to cause concern for the central bank to take further tightening measures, but it is likely to send a stronger signal that policymakers believe this month's measures will be the last of the cycle. If this situation occurs and the decline in core inflation proves to be sustainable, then11The possibility of a monthly interest rate hike will almost disappear, which is our current basic situation.

Yesterday's financial event data was released by the UK Office for National Statistics8monthCPIThe monthly rate has significantly decreased compared to expectations6.7%and0.3%The core month to month ratio is expected to decrease to6.2%and0.1%This reflects the easing of inflation pressure in the country. In addition, the UK Office for National Statistics has announced8The monthly retail price index has also significantly decreased to9.1%and0.6% (Reporting Index376.6)The core monthly rate is7.8%and0.5%, indicating a decrease in retail material costs.

From the upward direction, the upper suppression(Upper resistance) 0.8630,0.8680; From the downward direction, the lower support0.8590。

CPT MarketsRisk Tips and Disclaimers : The above article content is for reference only and is not intended as future investment advice.CPT Markets The articles published are mainly based on international financial data reports and international news as reference.




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