FOMC RATE DECISIONS & US DOLLAR VOLATILITY: EUR/USD, GBP/USD, USD/JPY, USD/CAD, AUD/USD, USD/CHFFed conferences have traditio
FOMC RATE DECISIONS & US DOLLAR VOLATILITY: EUR/USD, GBP/USD, USD/JPY, USD/CAD, AUD/USD, USD/CHF
- Fed conferences have traditionally sparked severe volatility within the US Dollar
- A FOMC charge determination is due Wednesday at 19:00 GMT and locationsEUR/USD, GBP/USD, USD/JPY, USD/CAD and AUD/USD prone to experiencing above-average swings in spot costs
- Try this USD Forecast for detailed perception on the US Dollar forward of the upcoming FOMC determination and follow-up press convention from Fed Chair Powell
Foreign exchange merchants ought to be on excessive alert each time there’s a Federal Reserve assembly on deck judging by historic US Greenback volatility surrounding a FOMC rate of interest determination. Knowledge pulled on spot EUR/USD, GBP/USD, USD/JPY, USD/CAD and AUD/USD since 2008 reveals that USD value motion is especially elevated surrounding a Fed financial coverage replace.
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Jan 29
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Live Data Coverage: FOMC Rate Decision