Fed Official Waller: Rate‑Cut Signals Should Be Terminated

The statement by Fed official Waller that the signals for a rate cut should be ended may increase the value of the dollar. A short-term rise can be expected in the USDJPY parity. The RSI14 indicator is at the level of 55 and continues to rise. The MACD and MACD signal lines also show a positive trend. However, market conditions can change rapidly, so caution is advised.

With a Fed official ending signals for a rate cut, the value of the dollar index (DXY) may increase. The RSI14 indicator is at the 55 level and continues to rise. Although the MACD and MACD signal lines are converging, according to the latest data, DXY is likely to have an upward trend in the short term. However, the reaction of the markets may be variable with the end of rate cut signals.

The Federal Reserve official's signal to end interest rate cuts may increase the value of the dollar. We can expect a short-term upward movement in the USDTRY parity. The RSI14 indicator is at the level of 51 and the MACD indicator is also moving in a positive direction. However, since the SMA20 and SMA50 indicators are very close to each other, it is likely that the price will fluctuate at these levels.

Fed Governor Waller's statement that rate cut signals should be ended could be perceived as a hawkish stance in the market. This statement may reduce risk appetite in the short term, creating pressure on indices. Technically, while the RSI at 58.6 remains in neutral territory, the MACD above its signal line maintains upward momentum. However, the uncertainty created by the news could overshadow the current technical outlook. Therefore, a downward movement can be expected in the short term.