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19.06.2019 12:42 PM
Did the Fed go to the Rubicon? (We expect the local recovery of the pair AUD/USD to continue and the USD/CAD decline)

It will be up to you.

On the tuesday, the global markets unexpectedly received significant support. In this case, it can be a question. notorious quantitative easing.

As they say, the words are laid down on the fertile ground. The global financial policy In our opinion, it will be a bit difficult to keep up. In the case of the July meeting, it should be noted. Although it is still measured at 62.8%, it is still quite high.

It's important that we'll make it possible to make it a matter of course. inflation for the next three years.

It is possible to assume that the economy is in the middle of the American economy. If this happens to be the case, it will be true that it will be widespread. Also, we will have a noticeable negative impact on the dollar exchange rate. It would be clear that it would be a reaction. But at the same time, it will reduce the rate of inflation.

It's a matter of making decisions. It seems it will not be possible to sit in.

Forecast of the day:

The AUD / USD pair is above the level of 0.6865. She can get support after the meeting. In this case, breaking the mark of 0.6885, the pair may rush to 0.6900 and then to 0.6920.

The USD / CAD pair is trading above 1.3360, pending a decision by the Fed on monetary policy. The pair falls below the 1.3360, the pair falls below the level of 1.3360.

Pati Gani,
Analytical expert of InstaForex
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