The US Dollar is falling sharply on the news from the Fed. EUR/USD is trading close to 1.1400, GBP/USD tops 1.3200, and USD/JPY is around 111.25. — more to come Follow all the updates in our Fed live coverage The Fed was expected to leave its policy unchanged and to provide further details on its plans regarding interest rates. After raising interest rates in December, the Fed has signaled a patient approach to the next moves. Markets closely watch the forecasts for interest rates. Fed Chair Jerome Powell recently said that the US economy is in a good place while noting headwinds from abroad. Markets are also eyeing further details about the balance sheet reduction program, also known as Quantitative Tightening. 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 FOMC keeps benchmark interest rate unchanged at 2.25% – 2.5% range FX Street 4 years The US Dollar is falling sharply on the news from the Fed. EUR/USD is trading close to 1.1400, GBP/USD tops 1.3200, and USD/JPY is around 111.25. -- more to come Follow all the updates in our Fed live coverage The Fed was expected to leave its policy unchanged and to provide further details on its plans regarding interest rates. After raising interest rates in December, the Fed has signaled a patient approach to the next moves. Markets closely watch the forecasts for interest rates. Fed Chair Jerome Powell recently said that the US economy is in a good… 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.
