The Dollar declines waiting for the Fed minutes: a trading forecast

21 May 2019

Fed minutes May 2019Dear traders,

On May 22 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:

“Strong GDP growth allows the Fed to make statements about the need for a gradual increase in interest rates in future. The Fed minutes was formed prior to D. Trump's announcement of a trade war against China, and this factor will be taken into account only at the next meeting. On Wednesday consider buying USDTRY, USDZAR, USDCHF”.

Prepare for volatile market in advance and double your deposit before Fed Minutes release!

The Dollar declines waiting for the Fed minutes: a trading forecast


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