Preview of the Federal Reserve's Decision: USD/JPY Most Sensitive to the Decision Outcome
According to foreign media reports, the Federal Reserve will announce its interest rate decision at 02:00 on the 19th Beijing time, undoubtedly stirring up the foreign exchange market. The USD/JPY is considered one of the currency pairs most sensitive to interest rate decisions. StoneX analyst Weller stated that a 25 basis point rate cut could lead to a sharp rise in the US dollar, with the USD/JPY potentially returning above the key level of 142.00; a 50 basis point rate cut could push the currency pair down towards the psychological level of 140
According to foreign media reports on September 18th, Jinshi Data, the Federal Reserve will announce its interest rate decision at 02:00 on September 19th Beijing time, undoubtedly stirring up the foreign exchange market. The USD/JPY is considered one of the currency pairs most sensitive to interest rate decisions. StoneX analyst Weller stated that a 25 basis point rate cut could lead to a knee-jerk rally in the US dollar, with the USD/JPY potentially returning above the key level of 142.00; a 50 basis point rate cut could push the currency pair towards the psychological level of 140