FOMC Meeting in the Spotlight.
This article is originally referred from IronFX News.
The FOMC is expected to announce its interest rate decision today, at 18:00 (GMT).
The bank is widely expected to hike rates by 25 basis points and reach the level of +2.00% to 2.25%.
Fed’s Funds Futures support such a notion as they provide a 100% probability for such a scenario to take place.
Most probable scenario is that the decision could be bullish for the US Dollar and negative for risk assets.
Original Source: IronFX News