Description
⋅ DXY
The main points contained in the minutes:
1- All members agreed to raise interest by 25 basis points
2- Some members highlighted their concerns about the premature easing of financial conditions
3- Members stressed their concern about the persistence of inflation rates above the Fed's target, at 2%
the price jumped through the FED minutes and depending that the direction of the US index should drop till 103.776
technically depending on the fed minutes the price will drop to get 103.778 by the condition as long as moves under 104.810
but if breaks 105.600 and stabilizes above it then will push up gradually