1

Categories

December 13, 2016

FXGiants, FOMC Meeting Tomorrow. Interest Rate Hike to be decided?

FOMC policy gathering Tomorrow, 14 December 2016 | What to expect?

This article is originally referred from FXGiants News.

19:00 GMT FOMC rate decision Consensus: 0.75% Previous: 0.50%
  • Almost every market participant expects the Committee to hike rates for the second time in a decade.
  • Bearing in mind that a hike is almost fully priced in, we don’t expect a major market reaction in case the Fed acts as expected. We believe that the focus will quickly turn to the updated “dot plot”, the new economic forecasts, and Chair Yellen’s press conference after the rate decision.
  • Accelerating inflation due to Trump’s anticipated policies could cause the Fed to tighten policy faster, and that’s why we believe that the “dot plot” will take center stage at this meeting.
  • The market is currently anticipating 1.6 interest rate increases in 2017, and another 1.8 hikes in 2018.
  • In our view, the Fed has to deliver something much more than this in order to refuel the USD rally.

*All trading involves risk. It is possible to lose all your capital

Original Source: FXGiants News

All Forex Brokers

  • IFC Markets
  • FxPro
  • IronFX
  • Axiory
  • FBS
  • Land-FX
  • MyFX Markets
  • Titan FX
  • Traders Trust
  • XM
  • LMFX
  • FXDD
  • ForexClub
  • KVB Kunlun
  • Tradeview
  • EightCap
  • FXOpen
  • HotForex
  • FXGiants
  • LQDFX
  • Fortrade
  • CM Trading
  • InstaForex
  • FXPRIMUS
  • ForexMart
  • Valutrades
  • AvaTrade
  • Yadix
  • RFXT
  • easyMarkets
  • JustForex
  • Swiss Markets
  • FXTM
  • HYCM
  • FP Markets
  • SimpleFX
  • IC Markets
  • Evolve Markets
  • Tickmill
  • Markets.com
  • Z.com Trade
  • UFX
  • Anzo Capital
  • LiteForex
  • 4xCube
  • OctaFX
  • Tifia
  • XTB
  • AAAFx
  • NordFX
  • FXGlory
  • Capex
  • ClickTrades
  • TopstepFX
  • HotForex ZA (South Africa)
  • XMTrading

All Crypto-Currency Exchanges

  • CEX.IO
  • HitBTC
  • Paxful
  • BitMEX
  • C-CEX
  • Binance
  • Cryptopia
  • YObit
  • Wisebitcoin
  • Bibox
  • BKEX
  • CoinPark
  • CoinEx
  • IRONX
  • CoinField
  • bybit
  • Bitpanda

This website uses cookies

By using our site, you acknowledge that you have read and understand our Privacy Policy (Cookie Policy), and our Terms of Service.