Where are we after the FED - Forex News by FX Leaders

Where are we after the FED

Posted Thursday, April 28, 2016 by
Skerdian Meta • 1 min read

The FED held their scheduled monthly meeting yesterday. The market, including myself, was expecting to see some more hawkish comments comparing to the March FOMC statement. But that didn´t happen; while they eased their concerns about the global situation, they offered little hope for a June rate hike. That sent the USD 50-100 pips down after an initial surge. 

EUR/USD is about 50 pips higher after an initial wobble right after the statement was released

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Related Articles
Comments
0 0 vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments