16 October 2018
Dear clients,
On October 17th at 6pm GMT US Federal Reserve System releases the Minutes. The minutes offer detailed information regarding FOMC monetary policy. Traders always look forward to the minutes release to get signals for future interest rate changes.
Check out trading forecast of the leading FreshForex expert Catherine Main:
"American Central Bank will note economics growth and necessity of gradual rate hikes in its Minutes. That is a neutral signal for US dollar. Considering that dollar is overbought, we are likely to see correction. On Wednesday consider buying EURUSD, GBPUSD and selling USDTRY."
Prepare for volatile market in advance and double your deposit before Fed Minutes release!
If you have any questions, don't hesitate to contact us:
Good luck in trading!
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