The US stocks are heading lower after the Fed decision. The big part of the statement was that "The Committee is attentive to the risks to both sides of its dual mandate and judges that the risks of higher unemployment and higher inflation have risen".

A snapshot of the market shows:

  • Dow up 41 points or 0.10% have 40870
  • S&P index -22.23 points or -0.40% at 5584.06
  • NASDAQ index -159.93 points or -0.90% at 17830.21.

The yields have moved lower as the market reacts to the thought the Fed will keep rates unchanged for too long.

  • 2 year yield -2.3 basis points
  • 5 year yield -3.8 basis points
  • 10 year yield -5.2 basis points
  • 30 year yield -5.0 basis points

The USDJPY is moved down and back toward its 100 bar moving out on the four hour chart at 142.847. The low price of just reached 142.897.

USDJPY
USDJPY technicals
Source: Forex Live