— more to come Follow all the Fed updates live The Federal Reserve was expected to cut interest rates for the first time in over a decade. A 25 basis point reduction was priced in by markets. Investors were split between the view that the Fed will only slash rates once and the one suggesting that this is the first rate cut out of many. Low inflation and trade tensions have been behind Chair Jerome Powell’s signal of the upcoming monetary stimulus. However, employment, growth, and consumer confidence have been upbeat. In the days leading to the decision, the US dollar has been gaining some ground, but the moves have been uneven. See Fed Preview: The currencies to trade in each of these four scenarios FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin Cash technical analysis: BCH/USD bulls looking for a big escape from bearish technical structure FX Street 4 years -- more to come Follow all the Fed updates live The Federal Reserve was expected to cut interest rates for the first time in over a decade. A 25 basis point reduction was priced in by markets. Investors were split between the view that the Fed will only slash rates once and the one suggesting that this is the first rate cut out of many. Low inflation and trade tensions have been behind Chair Jerome Powell's signal of the upcoming monetary stimulus. However, employment, growth, and consumer confidence have been upbeat. In the days leading to the decision, the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
