EURUSD Outlook post FOMC

The U.S. Federal Reserve triggered a volatile reaction in the financial markets on Wednesday when it decided to leave interest rates unchanged while lowering its expectations for rate hikes in the years ahead. However, its monetary policy statement suggested that rates could go up before the end of the year.In its monetary policy statement, the Federal Open Market Committee expressed confidence in economic growth, but not enough to warrant a rate hike this month.

Long Position running well.eu22-09

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *