United States Fed Interest Rate Decision
The Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC) have equal authority to set interest rates in the United States. After receiving recommendations from one or more of the regional Federal Reserve Banks, the Board makes a decision on discount rate modifications. The FOMC makes decisions on open market activities, such as central bank money levels and the federal funds market rate.
A higher than expected figure should be seen as positive (bullish) for the USD while a lower than expected figure should be seen as negative (bearish) for the USD.
Forex Sentiment (USD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.0375 -1 pips |
1.0684 -308 pips |
1.03759 | |
| GBPUSD |
|
|
1.2342 -59 pips |
1.2718 -317 pips |
1.24011 | |
| USDJPY |
|
|
149.3123 -577 pips |
155.2755 -19 pips |
155.086 | |
| USDCAD |
|
|
1.4014 -509 pips |
1.4377 +146 pips |
1.45225 | |
| AUDUSD |
|
|
0.6255 +38 pips |
0.6465 -248 pips |
0.62174 | |
| NZDUSD |
|
|
0.5798 +154 pips |
0.5930 -286 pips |
0.56435 | |
| USDCHF |
|
|
0.8907 -198 pips |
0.9132 -27 pips |
0.91047 | |
| USDCZK |
|
|
24.2430 -243 pips |
24.3745 -1072 pips |
24.26728 | |
| USDHUF |
|
|
373.9630 -1892 pips |
394.2177 -133 pips |
392.88 | |
| USDMXN |
|
|
19.2197 -14806 pips |
20.1119 +5884 pips |
20.7003 |
News (USD)
Chicago Business Barometer Increases But Still Indicates Contraction
MNI Indicators released a report on Friday showing its reading on Chicago-area business activity increased in the month of January but continued to indicate contraction. The report said the Chicago business barometer rose to 39.5 in January from 36.9 in December, although a reading below 50 still indicates contraction. Economists had expected the index to climb to 40.0.
RTTNews | 1 day ago
U.S. Consumer Price Growth Matches Estimates In December
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with economist estimates in the month of December. The report said the personal consumption expenditures (PCE) price index rose by 0.3 percent in December after inching up by 0.1 percent in November. The increase matched expectations.
RTTNews | 1 day ago
U.S. Consumer Prices Increase In Line With Estimates In December
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with economist estimates in the month of December.
RTTNews | 1 day ago
