KlejdiCuni

EURUSD | Will the Fed Increase Interest Rates By 75 bps?

Long
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD | Will the Fed Increase Interest Rates By 75 bps?

In my opinion, speculation about the FOMC is getting too high.

Everyone is only focused on CPI data and FOMC data. No one cares about other countries at all and that is not good at all.

The problem is that the market is just speculating and not sensitive to numbers at all.

What I expect is that we may see the FOMC make a normal decision as expected
75 bps but also 50 bps is normal. Afterward, the same news providers will say 50 bps to 75 bps were expected and the EURUSD will rise again....

Another option is that the FED may raise interest rates only by 50 bps as they may not want to show
all weapons at once as they may not have anything to use for the next few months after that.

It is also discussed that the FED will not hold these rates for long.... so it gets more complicated

PS: I am more bullish than bearish on EURUSD at this moment considering that ECB is taking
further steps to support the Eurozone.

Both scenarios are possible from the technical perspective...just positioned yourself where do you feel more comfortable...
also not trading at all is another good option :)

Thank you and Good Luck!

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