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At its FOMC meeting on the 16th local time, the Fed raised its policy target range from the prior 3.50-3.75%, its first increase in roughly three years, and the repricing hit New York markets immediately. The 10-year Treasury yield pushed back above 5% and the dollar firmed against major currencies, with USD/KRW jumping to the 1,377 won area as won weakness deepened. Gold surrendered its intraday gains to close 0.7% lower, showing the classic real-yield and dollar drag; the next read is whether 5% on the 10-year holds, which would keep pressure on non-yielding assets including gold and high-beta risk plays such as BTC and ETH.
As a Forex signal, watch whether it changes price action, volatility, or flows around GC=F, KRW=X, IXIC.
Original Source: 블록미디어
This page is market information analysis, not investment advice.
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