Summary of the Fed’s statement:
- The US Central Bank (Federal) confirmed that the economy was harmed by raising interest rates.
They indicated the possibility of starting to reduce interest rates in the second half of the year.
This statement affected the dollar and led to its decline, while metal prices and indices rose.
. Current challenge:
- The Federal Reserve did not definitively adjust the market to lower interest rates.
The final decision depends on future economic data.
. Impact of upcoming data:
- If the upcoming data is positive for the dollar, its decline may evaporate.
- The weakness of the dollar may be temporary and it may return to attack the market.
At the same time, if the data in March and April are negative, the dollar may experience another decline.
Ultimately, upcoming economic data remains the key to guiding the market and making future decisions.