25 September 2018
the FOMC (Federal Open Market Committee) holds eight regularly scheduled meetings during the year and announces US Federal Reserve’s decision on interest rates.
The next Fed interest rate decision announcement is scheduled on this Wednesday, September 26th at 6pm GMT and is likely to cause high volatility in market.
Leading FreshForex analyst has commented on it as follows:
"In August USA inflation reached 2.7%. For this reason, Fed is likely to raise the interest rate by 0.25% — Chicago stock exchange is almost 100% sure of such an outcome. This exchange never made a mistake in the past. We are likely to see downtrend for currencies of the emerging markets. On Wednesday consider buying USDZAR, USDPLN, USDILS, USDMXN."
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