Another Fed Rate Hike on July 26?

26 July 2017

Another Fed Rate Hike on July 26?Dear traders,

On July 26 at 6 p.m. GMT Fed decision on the interest rate will be announced. We would like to remind you, that Fed meetings greatly affect financial markets.

We asked a senior analyst of our company Catherine Main to comment on the expectations related to this meeting:

“Chicago futures market estimates the probability of a rate hike by 2.5%. Such pessimism is caused by a sharp fall of US inflation rate. In June consumer prices grew by 1.6%, and let me recall that in January inflation growth rate of 2.5% was recorded. Fed rises interest rates when inflation grows. Now US central bank will take a break in rate hikes, which will have a negative impact on US dollar. For this reason traders may consider going long on EUR/USD, GBP/USD and short on USD/TRY, USD/CNH.”

____________________________________

Thank you for following our news! We are glad to offer you Tradable Bonus 101%, that can be used in trading without restrictions.
____________________________________

Follow the Forex news with our experts!

Another Fed Rate Hike on July 26?

Other news:

 

All news

Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus