Market Update – Risk Tracking Lower post FOMC
Hi traders, since this morning’s FOMC announcement we’ve seen a solid shift back into safe-havens with risk markets tacking lower today.
Indexes, FX and Gold have all seen solid selling so far today, will we see this carry through in today’s New York session? Have US stock indexes started to confirm new downtrends (short/medium-term)? In today’s market analysis video, we look at today’s moves so far and run over some of the levels we are watching.
BOE rates decision and statement will be coming later today at 9pm AEST. The Bank of England (BOE) is expected to keep rates on hold.
Today’s Market Analysis Video