register nowRegister now
EURJPY TECHS

Recent Highs Remain Intact

USDJPY TECHS

Holding Onto Gains

EURGBP TECHS

Bearish Risk

GBPUSD TECHS

Attention Is On The 50-day EMA

FED
FED: FOMC held the funds rate at 1.25% to 1.50% on 9-0 vote, but 
acknowledged some pickup in inflation recently despite it remaining 
below 2%. 
- The statement says that "inflation on a 12-month basis is 
expected to move up this year", a change from the language in December 
that said inflation is expected to "remain somewhat below 2 percent in 
the near term." In both cases, though, they say inflation will stabilize 
around 2% in the medium term.
- The statement also said market-based measures of inflation compensation 
"have increased in recent months but remain low", rather than just saying they 
"remain low." 
- The FOMC still expect conditions to warrant "further gradual rate 
increases," adding the word "further."
- Employment, household spending, business fixed investment growth 
was seen as "solid" while the unemployment rate has stayed low.