{"id":73897,"date":"2022-10-12T23:19:30","date_gmt":"2022-10-12T19:19:30","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=73897"},"modified":"2022-10-12T23:22:29","modified_gmt":"2022-10-12T19:22:29","slug":"aud-usd-surges-post-fomc-minutes","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/aud-usd-surges-post-fomc-minutes\/10\/12\/market-updates\/","title":{"rendered":"AUD\/USD surges post FOMC Minutes"},"content":{"rendered":"\n<p>The AUD\/USD benefited from the FOMC minutes that investors are digesting and that are seen as less hawkish.<br><br>At the time of writing, AUD\/USD is trading at 0.6285, a touch below the post-FOMC minute&#8217;s highs of 0.6298. The pair have travelled between a low of 0.6235 and 0.6298 so far.<br><br>AUD\/USD has popped on the back of a hint of a somewhat dovish stance at the Fed following the release of latest meeting minutes.<br><br>The minutes actually signaled that policymakers are concerned about the detrimental effects higher rates will have on the US economy. <br><br>&#8220;Several participants noted that&#8230; it would be important to calibrate the pace of further policy tightening with the aim of mitigating the risk of significant adverse effects on the economic outlook.&#8221;<br><br>In additional notes, however, the minutes stated that Fed officials determined that they needed to adopt and maintain a more restrictive policy stance in order to achieve their goal of lowering elevated inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The AUD\/USD benefited from the FOMC minutes that investors are digesting and that are seen as less hawkish.At the time of writing, AUD\/USD is trading at 0.6285, a touch below the post-FOMC minute&#8217;s highs of 0.6298. The pair have travelled between a low of 0.6235 and 0.6298 so far.AUD\/USD has popped on the back of &hellip;<\/p>\n","protected":false},"author":13,"featured_media":70959,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7063,7770,6987],"class_list":["post-73897","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-aud-usd","tag-fomc-minutes","tag-inflation"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=73897"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73897\/revisions"}],"predecessor-version":[{"id":73901,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73897\/revisions\/73901"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/70959"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=73897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=73897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=73897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}