Fed Rates Could Remain Unchanged Until End of 2026
📊 DXY — Piyasa Yorumu
▼ down · 65%Despite the DXY being in oversold territory with an RSI of 28.8, it is trading below its short-term moving averages (SMA20 and SMA50), and the MACD remains negative below the signal line. The news headline does not contain any surprise that could support the dollar, as it implies the Fed will keep interest rates unchanged. The current technical weakness and stagnation in rate expectations suggest the dollar index may continue its downward trend in the short term. However, the oversold condition also brings the possibility of some buying on dips.
📊 USDTRY — Piyasa Yorumu
▲ up · 60%USDTRY is trading at 46.62, above both its 20-day SMA (46.59) and 50-day SMA (46.54). The RSI stands at 59.7, in neutral territory but with an upward bias, while the MACD is above its signal line and in positive territory. News that the Fed may keep interest rates unchanged until the end of 2026 could support the dollar, creating upward pressure on USDTRY. Short-term upside potential exists, but since the pair is not approaching overbought levels, the move is expected to remain limited.