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Follow a live coverage of the FOMC from 17:45 GMT

Yohay Elam

Will the Fed remove patience? And if so, what does it mean? We are already seeing movements across the board towards the event. The dollar is weakening.  The Federal Reserve was expected to remove the word “patience” regarding interest rate hikes, thus paving the way for a hike as early as June. Yellen’s recent testimony seemed to be a preparation for this, and the NFP may have cemented it.

Follow a live coverage of the all-important FOMC meeting here:

Chief Analyst at FXStreet Valeria Bednarik and I will be covering the Fed decision on Wednesday, March 18th, from 17:45 GMT.

 

More:  Keep Buying The USD; EUR/USD Set To Break Below Parity – RBS

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.