USD to gain from the Fed report?

USD to gain from the Fed report?

What will happen?

The US Fed rate will be announced on March 17, at 20:00 MT time.

While the rate itself is not expected to see any change, the economic outlook is what traders will be looking at. On the humanitarian side, the vaccines are expected to drive the recovery towards returning to normal conditions this year. On the financial side, while the economy is on the way to the targeted inflation rate of 2%, the rise of the Treasury yields has been a headline since recently and may be addressed by the Fed’s officials.

How to trade the Fed rate?

If the above projections of a steady economic recovery ahead in the US are confirmed, the USD will likely gain value on traders’ optimism. A more pessimistic outlook would press on the US dollar.

  • Optimistic/hawkish Fed projections make the USD rise;
  • Modest/dovish Fed report presses on the USD.

Instruments to trade: EUR/USD, GBP/USD, AUD/USD, USD/CAD

Check the economic calendar

USDintrate.jpg

                                                                                               LOG IN

Similar

News for The Week
News for The Week

US stock markets started falling, while the US dollar is rising. What to expect from

Latest news

NFP, Oil, and US Stocks Highlight This Week
NFP, Oil, and US Stocks Highlight This Week

Welcome to the first week of October!  As usual, at the start of the week, we are looking for valuable insights that will bring us profits in trading. Let’s observe the main events. 

The US Dollar Is Correcting
The US Dollar Is Correcting

Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?

Bearish Signal For The USD
Bearish Signal For The USD

XAUUSD fell below 1900 for the first time since March 2023. Meanwhile, the US dollar index gives a bearish signal. Read the full report to learn more!

Deposit with your local payment systems

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

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!

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