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Why is the #FOMC rate decision due later Wednesday so important? Monetary policy has played a critical role in warding fighting recession and pumping markets. My analysis with $SPX and $USDJPY targeted: https://www.dailyfx.com/news/s-p-500-and-usdjpy-fomc-strategy-run-down-20230131.html https://t.co/XQBDjwzR1X
This is one of the most interesting monthly charts for me as we close out January: $USDJPY. Technically, we had an aggressive reversal from decades' highs, hit range midpoint and Jan is a bid doji. That doesn't event take into account fundamentals... https://t.co/alt8Td846j
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