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.
Trade the GBP on the news
Services sector represents the biggest part of the British economy. As a result, its performance makes the key contribution to the nation’s economic growth. UK services PMI will be released at 11:30 MT time on October 3. The last time the indicator was released on September 5. Back then the index turned out to be much higher than expected (54.3 versus the forecast of just 53.9). GBP/USD went up after the release from support at 1.28. The day’s high was at 1.2980.
• If services PMI is bigger than expected, the GBP will rise.
• If services PMI is smaller than expected, the GBP will fall.
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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.
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