Trial now
USDCAD TECHS

Still Vulnerable

AUDUSD TECHS

Bullish Price Sequence

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

"The Fed delivered clear communication .. that a taper announcement in November is all but certain and that tapering is likely to be completed around mid-2022. We expect that, after announcing in November, the Fed to pursue a gradual taper of $10bn UST/$5bn MBS per month on a mid-month schedule, wrapping up by mid-June."

  • "This meeting was all about the balance sheet, with Powell stressing that no inference should be made regarding the path for rate hikes. Rates have to clear a higher hurdle and in our outlook that hurdle is met in 2Q23. We believe Chair Powell continues to see liftoff in 2023."