According to analysts at National Bank Financial, the highlight of the week in the US will be the central bank’s monetary policy meeting. Key Quotes “Keeping in accordance with its most recent communications, which emphasized the central bank’s wait-and-see approach, the Fed will stay on the sidelines this time.” “The newest version of the dot plot, for its part, should show participants lowering their rate hikes expectations for 2019 from two to one.” “On February 27, Chair Powell said he expected the Fed balance sheet plan to be announced “fairly soon”. Thus, we may get more details as to when the Fed expect to halt the runoff of its balance sheet and what will be the reinvestment policy going forward for maturing Treasuries as well as for mortgage backed securities.” “February’s existing home sales data will also be published, with a rebound expected following three straight declines. We’ll also get the flash estimate of Markit’s composite PMI for March.” 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 Forex Today: Antipodeans rally amid weaker USD, risk-on; a quiet calendar ahead FX Street 4 years According to analysts at National Bank Financial, the highlight of the week in the US will be the central bank's monetary policy meeting. Key Quotes "Keeping in accordance with its most recent communications, which emphasized the central bank's wait-and-see approach, the Fed will stay on the sidelines this time." "The newest version of the dot plot, for its part, should show participants lowering their rate hikes expectations for 2019 from two to one." "On February 27, Chair Powell said he expected the Fed balance sheet plan to be announced "fairly soon". Thus, we may get more details as to when… 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.
