Fed Raises Interest Rate By 25bps! Forex, S&P 500 And Gold (XAUUSD) Reaction Reviewed (LIVE UPDATE)
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After hawkish rhetoric Fed raises interest rate by 25bps it amounts to 0.5%. Not only did this decision affect major FX pairs, but also exotic USDPLN. Let's see how have EURUSD, USDJPY, S&P 500 and Bitcoin reacted. Some might say markets were prepared for the raise of 25bps and their reaction are not that noticeable.
Charts: Courtesy of TradingView.com
[LAST UPDATE: 17/03/22 7:36 GMT]
FX
EURUSD - Slight fluctuation
GBPUSD - Quite strong Pound
USDJPY - chart shows a small uptrend after the release
USDPLN - exotic, but interesting pair as in Poland interest rates were raised exactly a week ago
S&P 500
Gold (XAUUSD)
Bitcoin (BTC)
Source: TradingView.com
