The Aud/USD goes back while the US dollar remains firm after the Fed decision to keep the fees without changes

• The aud/USD falls to 0.6340 while the US dollar remains resistant after the Fed decision.
• The Federal Reserve keeps interest rates without changes in 4.5%, aligning with market expectations.
• The FOMC points chart indicates feat cuts in the future, with the medium projection by 2025 reviewed down to 3,375%.

The Aud/USD pair goes back to 0.6340 after the monetary policy decision of the Federal Reserve, since the US dollar (USD) remains firm. The Fed maintained stable interest rates at 4.5%, in line with expectations, while indicating a cautious perspective in the midst of inflation and economic uncertainties.

The latest FOMC points graph revealed that those responsible for the policy project a median rate of 3,875% for the current period, lowering 4,375%, reinforcing the expectations of a relaxation cycle of the policy. The projection of rates by 2025 was also checked down to 3,375%, while GDP projections for next year were cut to 1.7%from 2.1%, suggesting a deceleration in economic growth.

Despite the moderate long -term perspective, the dollar index remains stable about 104.00, limiting the upward potential of the Australian dollar. The Fed also announced a slower pace of reduction of its balance as of April, adjusting its quantitative hardening strategy. In addition, the Fed feeling index in the daily chart remains in moderate terrain, which means that the markets are interpreting the bank’s position as moderate.

Aud/USD Daily Graph