State of the market: the market is waiting for the meeting of the US Federal Reserve

Trades on Wednesday are very low-key and low-volatile due to lower liquidity in the Asian session, because today in Japan is a day off. As a result, quiet trades are aimed at correcting positions against yesterday’s growth of the American. Also, this movement is limited due to upcoming news.

The day is full of data on employment in the UK, sales in the real estate market in the US and the results of the meeting of the US Federal Reserve and the RBNZ (see the main events of the day). At the same time, the main event of the day and week will be the publication of the US Federal Reserve Protocol and a press conference that follows. Therefore, despite the significant news, activity on the market today will remain low until the release of the US Federal Reserve Protocol.

Graph of the US dollar index. The current price is 90.20.

Hanzenko Anton