16 March 2020
The US Federal Reserve held an unscheduled meeting on March 15. This event is of great importance not only for the US economy but also for world markets, since the American dollar plays the role of the main reserve currency.
Check out the trading forecast of leading FreshForex analyst:
"The Fed held an unscheduled meeting where it lowered the discount rate by 1%. The Federal Reserve softens credit conditions so that the US economy gets support during the coronavirus epidemic. This is a negative signal for the dollar. Today consider buying EURUSD, GBPUSD and Sell USDJPY"
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