USD bullish after Fed 25 bps rate cut – USD/JPY breakout and market wrap [Video]
|The Federal Reserve delivered a 25 bps rate cut, but the U.S. dollar remains bullish as policymakers balanced dovish action with hawkish language. This cautious stance kept the dollar firm, sending USD/JPY breaking out while the yen remains weak across the board.
In this market wrap, I break down:
- Why the USD is rallying despite the Fed rate cut.
- The impact of hawkish forward guidance on markets.
- How the yen weakness fuels USD/JPY breakout.
- Key moves across Forex majors, U.S. indices, and Gold.
Stay tuned as we unpack what this means for traders ahead of the next high-impact events.
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