Fed: 16 Officials Expect at Least One More Rate Hike in 2026

The Fed's hawkish message could create upward pressure on USDTRY; however, the price is already just above the SMA20 and SMA50 at 48.67, and the RSI is at 54.8, in neutral territory. The MACD is slightly above the signal line, with weak positive momentum. Although the news favors the dollar, the market may have largely priced it in; therefore, the impact may be limited and short-term. An upward-biased fluctuation is expected within the 48.50-48.90 band over the next 1-3 days.

The Fed's hawkish message projecting additional rate hikes in 2026 could create short-term pressure on growth stocks. Although GOOGL closed slightly higher in the last session, its RSI at 49 is neutral and below the MACD signal line, indicating weak momentum. The price is below the SMA20 but above the SMA50, suggesting an uncertain short-term trend. Rate hike expectations could compress valuation multiples and lead to profit-taking in tech stocks. However, the news may already be priced in; therefore, the downward bias is expressed with limited confidence.

Although the Fed's rate hike expectation is a positive signal for DXY, the RSI at 77 is in overbought territory, and there is limited upside potential or correction risk in the short term. MACD is positive and the price is above SMA20/50, indicating a strong trend. The news may already be priced in; for 1-3 days, a moderate upward bias is expected, but caution is advised.

The Federal Reserve’s hawkish stance is likely to support the U.S. dollar in the near term. Sixteen Fed officials have projected that additional rate hikes could occur in 2026, which may increase demand for the dollar. The USD/JPY pair is currently trading at 156.19, above both the 20‑period and 50‑period simple moving averages (SMA20 and SMA50). Its Relative Strength Index (RSI) sits at 68.6, close to the over‑bought threshold, while the MACD remains in positive territory. This confluence of indicators underpins a bullish bias, though the elevated RSI suggests limited upside potential. In the 1‑ to 3‑day horizon, the pair could test the 156.50‑157.00 range; a break below 155.50 would shift the outlook to neutral. Market news flow and potential verbal interventions from Japan remain risk factors.