27 July 2016
The main event of this week is a regular meeting of the US regulator dedicated to the monetary policy. Its results will be announced today, on July 27, at 6:00 pm GMT.
Traders are waiting for hints to the readiness of the monetary regulator to raise the interest rate at the end of the year, nonwithstanding a Brexit issue. Growth accelerated in the second quarter, and continuation of this trend will allow Fed's to rais the rate. If these expectations are met, US dollar will enjoy a steady demand in the short term.
What will the post release statement be? We'll learn it soon!
You will find results of the Fed's meeting in our daily analysis on July 28.
Leading analyst of FreshForex company, Catherine Main
Good luck in trading!
FreshForex — fresh view on money!