09.07.2020
Fed decision: Open or closed door to hikes? USD awaits – LIVE 1

Fed decision: Open or closed door to hikes? USD awaits – LIVE

The Federal Reserve is set to leave its policy unchanged after pledging patience in the previous decision back in January. The focus is on the dot-plot. Will the Fed downgrade the projections to one hike in 2019? In this case, the US Dollar could rise. However, if they remove any prospects for increases, the US Dollar has scope for falling. The market will also eye news on the balance sheet reduction scheme.

Join us for a live coverage of the decision and the press conference of Fed Chair Jerome Powell.

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