The FOMC meeting: any surprises for the USD?
The Federal Open Market Committee will publish its meeting minutes on February 19, at 21:00 MT time.
Signals from the Federal Reserve
The Federal Reserve has already raised interest rates twice this year. At its August meeting, the US central bank sounded confident enough about the country’s economic outlook and wasn’t very concerned by the threat of trade wars between the Unites States and other key economies. Traders will be able to find out the details of the meeting at 21:00 MT time on August 22. Market players are almost sure now that the Fed will increase its interest rate in September. Many traders also expect a rate hike in December.
• If the information from the central bank confirms the expectations of 2 more rate hikes in 2018, the USD will increase.
• If the central bank doesn’t hint on 2 more rate hikes this year, the USD will decline.
Similar
NZD: another surprise from the RBNZ
The Royal Bank of New Zealand held the interest rate at 1% today. As a result, the NZD rose by 50 pips!
Can you make a profit on American inflation?
The US monthly CPI is announced at 15:30 MT time on Thursday.
Latest news
The FOMC meeting: any surprises for the USD?
The Federal Open Market Committee will publish its meeting minutes on February 19, at 21:00 MT time.
Important events on February 17-21
Will coronavirus continue keeping the markets in fear? What releases should we wait for? Find out in the news!
TESLA needs more money
Tesla stock drops in premarket trades on Thursday. Why? See the article (it's short) and use it to your advantage.
Deposit with your local payment systems
