FOMC meeting, More about rates

FOMC Meeting: May affect economic variables in market

The Federal Open Market Committee
For traders, team TAESH, FOMC meetings are a time of particular volatility because any change in federal fund rates can affect a range of economic variables such as short-term interest rates, foreign exchange rates, long-term interest rates, employment output and prices of goods and services.

The market is going to be very volatile tonight at FOMC & interest rate decision which is increasing from the previous value i.e. 04.00% previous and the forecast is 04.50% so this is the sign of the dollar can become positive but remember this is the last month of December so upset can occur be aware of that don’t trade without SL TP financial market is a business, not gambling approach so wait for the perfect opportunities to enter and exit from the market!