The dollar dumps/JPY after the federal reserve warned of the high economic risks
- The US dollar/JPY fell to the 143.00 region after the Federal Reserve maintained fixed rates on Wednesday.
- The market anticipation accelerated to reduce average in July after the Federal Reserve warned of high economic risks.
USD/JPY took a head on Wednesday, as it decreased to 143.00 in trading during the day after the Federal Reserve (FED) kept fixed rates at 4.25-4.5 %, and many investors expected. The market bets rose from an imminent axis by the Federal Reserve in the price cutting course after federal policy makers warned of high economic risks.
Based on the announcement of the last rate of the Federal Reserve, politicians indicated that although American workers and economic activity are generally stable, the risks of employment and production have increased. This rise in risk stems mainly from uncertainty related to US tariffs and commercial policies. Fears expressed by Federal Reserve officials about the economic risks that have fueled the market expectations for potential price discounts, which led to an unexpected increase in risk appetite.
Read more federal news here: The Federal Reserve did not change the rate of papers policy as expected
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