Fed decision: Open or closed door to hikes? USD awaits – LIVE

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The Federal Reserve is set to leave its policy unchanged after pledging patience in the previous decision back in January. The focus is on the dot-plot. Will the Fed downgrade the projections to one hike in 2019? In this case, the US Dollar could rise. However, if they remove any prospects for increases, the US Dollar has scope for falling. The market will also eye news on the balance sheet reduction scheme.

Join us for a live coverage of the decision and the press conference of Fed Chair Jerome Powell.

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About Author

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 the 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.

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