- Analytics
- News and Tools
- Market News
- USD: FOMC meeting ahead, but not many fireworks expected - ING
USD: FOMC meeting ahead, but not many fireworks expected - ING
Strategists at ING suggests that the key event of the week is the FOMC meeting (Wednesday).
"While the central bank may seek to operationalise its new average inflation targeting approach with some additional forward guidance, the soft Fed policy looks largely priced in following Chair Jerome Powell’s Jackson Hole speech, meaning that more positive news is needed to push cyclical currencies higher and the dollar lower."
"With fragile equity markets and risk sentiment, it is unlikely to happen this week, in our view."
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
