You are here: Home > articles > Forex > The dollar stood in standby mode, investors are waiting for the outcome of the Fed meeting
The dollar stood in standby mode, investors are waiting for the outcome of the Fed meeting
December 19, 2018 3:22 pmVideo
Latest News
- Technical Analysis – USDJPY fights with new 34-year high April 23, 2024
- EUR/USD: Simple trading tips for novice traders on April 23rd (US session) April 23, 2024
- Alphabet Q1 Earnings: Strong ad business but AI initiatives lag – Stock Markets April 23, 2024
- GBP/USD: trading plan for the US session on April 23rd (analysis of morning deals). The pound continues to decline April 23, 2024
- EUR/USD: trading plan for the US session on April 23rd (analysis of morning deals). The euro has shown rapid growth April 23, 2024
- EUR/USD. April 23rd. Bulls and bears are in balance April 23, 2024
- GBP/USD. April 23rd. The bears continue to attack April 23, 2024
- Gold edges lower as Middle East tensions ease April 23, 2024
- Slightly lower volatility across the board ahead of key US data – Volatility Watch April 23, 2024
- Technical Analysis – UK 100 index hits new all-time highs but rally may be cooling April 23, 2024
- XM Teams up with ‘Charity Right’ for Change April 23, 2024
- Technical Analysis – US 500 index rebounds off 2-month low below 5,000 April 23, 2024
- Technical Analysis – Is Tesla’s bearish spiral about to end soon? April 23, 2024
- Forex forecast 04/23/2024: EUR/USD, GBP/USD, Oil, SP500 and Bitcoin from Sebastian Seliga April 23, 2024
- USD/JPY: trading tips for beginners for European session on April 23 April 23, 2024
- GBP/USD: trading tips for beginners for European session on April 23 April 23, 2024
- EUR/USD: trading tips for beginners for European session on April 23 April 23, 2024
- Market Comment – Dollar pulls back, but yen hits new 34-year low April 23, 2024
- What do the smaller US surveys say about the US economy? – Special Report April 23, 2024
- Technical Analysis – NZDUSD bounces off a 5-month low April 23, 2024
The dollar is expected to slow down in anticipation of the Fed meeting, at which, as expected, a decision will be made to slow down the rate of increase in interest rates. Global markets subsided before the end of the Fed meeting, which will be the next starting point. The regulator should raise rates for the fourth time this year, as well as voice plans for the future of monetary policy, taking into account the slowing growth of the global economy. How will the dollar behave and will its rise continue amid a pause from the Fed, the trade conflict between the US and China and the volatility of the global financial market? There are quite objective doubts about the fact that the US currency will maintain growth momentum.
Recall that the US President Donald Trump, who has repeatedly stated that “one cannot even think about tightening, given the global economic uncertainty,” actively opposes the rate hike. However, the increase is possible, despite the displeasure of Trump, but there is a very high probability that the Central Bank will reduce the number of hikes in 2019 from three to two.Currently, there is every reason to pay attention to the yen and the Swiss franc, which in such troubled moments will be guaranteed to grow in price. The appetite for risky assets has fallen markedly, including due to weaker-than-expected economic data from China and the eurozone. But the main catalyst for the future movement of the foreign exchange market will be the outcome of the Fed meeting. And they can give a new impetus to the dollar.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: