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Author Topic: Fed decision, main focus for Forex market  (Read 191 times)

HaxaceWill

  • Guest
on: November 05, 2023, 11:08:11 AM
Fed decision, main focus for Forex market

Forex market area Ready to move today But not until the day's big decisions are closely watched by traders and analysts. This is the decision of the Federal Reserve regarding interest rates. General expectations from Jerome Powell and his policymakers are that interest rates will rise significantly again. This has sent the dollar into a consolidation phase, which has worked to the euro's advantage. Meanwhile, trading on Wall Street remained quiet ahead of the decision.



 

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