News, Trends, & Analytics 22.09.2021

The Moment of Truth from the US Fed

Today the focus is on the US Fed’s and the Bank of Japan’s Interest Rate Press Conferences.



02:00 UTC

The Bank of Japan’s Monetary Policy Statement and Press Conference. Hawkish moves may solidify JPY.

Assets to trade: USD/JPY, EUR/JPY, GBP/JPY

18:00 UTC

The US Fed Interest Rate Decision and Press Conference. Wrapping up the support measures may make the USD firm.

Assets to trade: EUR/USD, USD/JPY, GBP/USD



UK manufacturing orders are reported to have grown impressively in September. Affects GBP

Swiss exports of gold to India hit five-month highs in August. Affects Gold

Russian oil output is reported to be as high as any point since the end of the Soviet Union. Affects Brent

International institutions and investors are reported to have an increasing interest in European debt and euro-based financial instruments. Affects EUR


Technical Analysis


While investors are waiting for the US Fed’s Interest Rate decision, gold is hesitating to actively move up. However, it still seems to be preparing for an upswing. If that’s the case, $1,800 will likely be reached soon.


Brent is being deflected by the resistance zone above $75 and will likely move downwards in the coming days.

S&P 500

After a bearish couple of weeks, the S&P 500 seems set to start recovering its losses. In the nearest future, it is likely to move up towards 4,500.

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