This video outlines the key technical levels in play and why after the FOMC rate decision.
EURUSD 0:45USDJPY 1:40GBPUSD 2:29USDCHF 3:15USDCAD 4:15AUDUSD 5:13
Looking at the yields, before the Fed decision:
2 year 4.205%, -6.2 basis points5 year 4.118%, -8.9 basis point10 year 4.339%, minus a .7 basis points30-year 4.546%, -5.4 basis points
Current yields are showing:
2 year 4.226%, -4.2 basis points5 year 4.198%, -7.3 basis points10 year 4.351%, -7.5 basis points30 year 4.548%, -5.1 basis point
IN the US stock market:
S&P index up 35.71 point at 5964.75NASDAQ index 247.18 points at 19230
The current levels are trading at:
S&P index up 39.09 points 596 a .53NASDAQ index up 269.18 point at 19253.53
This article was written by Greg Michalowski at www.forexlive.com.