FOMC Meeting Minutes: a chance for the USD strength?

FOMC Meeting Minutes: a chance for the USD strength?

What will happen?

The Federal Open Market Committee (a department of the Federal Reserve) will publish the detailed record of the recent meeting on February 17 at 21:00 MT time. It will provide insights into the economic and financial conditions which affected policymakers' opinion.

How to trade on the FOMC Meeting Minutes?

During the previous meeting, no changes to the monetary policy were made by the Federal Reserve. Given the current weakness of the USD, traders will pay particular attention to the outlook as well as to the possible hints on further decisions. If traders get a confirmation of an improvement of US economic conditions, the USD will get a bid.

  • If the FOMC is optimistic, the USD will rise;
  • If the FOMC is pessimistic, the USD will fall.

Instruments to trade: EUR/USD, USD/JPY, GBP/USD

Check the economic calendar

USDdfe.jpg

TRADE NOW

Similar

NFP is coming!
NFP is coming!

Non-farm payrolls, the most awaited economic report, will be out on March 5 at 15:30 MT time.

Rise of NZD, dovish Fed, and stocks indices' sell-off
Rise of NZD, dovish Fed, and stocks indices' sell-off

Stock indices S&P 500 and Nasdaq are falling for seven days in a row. The New Zealand dollar skyrocketed to almost two-years highs. Fed’s Powell held a meeting yesterday and said that the central bank wouldn’t tight its easing policy anytime soon.

Latest news

Risk on is back on market
Risk on is back on market

The risk-on is back on the market as investors focus on the projections for a stronger-than-expected economic rebound and the Fed’s pledge to prolong support for the rest of the year.

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera