Forex Trading Library

Fed Holds, NFP Up Next

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The Fed voted to maintain borrowing costs unchanged in a decision expected by traders.

The FOMC also signalled that it is not yet ready to ease its stance imminently, so the next cut could be in the year’s second half.

A March move is still possible, however, tomorrow’s NFP could be the catalyst.

EURUSD 01:10
USDJPY 02:50

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