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USD up in Asia time … almost everything else is not

Date:

The post-FOMC desolation continues …

  • US equity index futures are down in Globex trade, ES circa -0.9% and NQ circa -1.1% for example
  • Regional equities here down Hang Seng, Nikkei, China indexes …. all slumping
  • AUD, NZD, GBP, CAD all down against the strong USD
  • Gold down

While the FOMC hike was expected, as was the ramping of the dots … the response has been … as above.

recap ICYMI:

Forexlive Americas FX news wrap: Fed hikes by 75 bps and delivers a hawkish dot plot

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  • Source: https://forexlive.com/news/usd-up-in-asia-time-almost-everything-else-is-not-20220922/

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