EVENT OF THE DAY: FOMC Statement
Dear traders,
Today, at 20:00 (Kiev) – The Statement of the Federal Committee about open market operations and the decision on the interest rate of the Fed.
Let’s find out the opinion of the Ester’s leading specialists:
“The US currency continues to trade with strengthening amid expectations of publication of the US Federal Reserve meeting results that will be released today. This event may influence a rapid increase in rates in December, which contributes to the growth of the US currency.
The upcoming meeting of the US Federal Reserve will not be extended, so no loud statements should be expected. Perhaps, the forecasts will be updated, and the press conference of the US Federal Reserve Chairman D. Yellen will take place. “
A. Hanzenko
“According to the forecast, the Fed will leave the interest rate at 1.25%. FOMC statements must confirm the interest rate increase in December, which will support the US currency. One should expect the American to strengthen within 50-60 points against the basket of currencies.”
A. Sivtsov
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