Latest market situation after Fed interest rate decision
All eyes were on the interest rate decision from the US Federal Reserve. The Fed lowered the policy rate by 25 basis points to the 4.25-4.50 percent range, in line with expectations. The latest situation in the markets following the Fed's decision has been a subject of interest.
The US Federal Reserve has announced its interest rate decision, which closely concerns global markets.
The Fed lowered the policy rate by 25 basis points to the 4.25-4.50 percent range, in line with expectations.
Following the Fed's interest rate decision, gold prices in global markets began to decline, while the dollar rose.
GOLD FELL, DOLLAR ROSE
While ounce gold fell to 2,616 dollars and gram gold to 2,947 TL, the dollar index sharply exceeded 107 points.
The dollar/TL exchange rate is trading above 35 TL.
Bitcoin, which tested 108 thousand dollars, has approached the 100 thousand dollar band.
News Source: 12punto
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