The Federal Reserve releases US FOMC Meeting Minutes where fed officials provide in-depth insights into the economic and financial conditions that influenced their vote on where to set interest rates.
"In light of global economic and financial developments and muted inflation pressures, the Committee will be patient as it determines what future adjustments to the target range for the federal funds rate may be appropriate to support these outcomes," the statement said.
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| Historical Data Table: Federal Funds Rate | Economic Calendar for 05.02.2019 | ||||||||
| Date | 02.05.2018 | 13.06.2018 | 01.08.2018 | 08.11.2018 | 30.01.2019 | 12:30 AM | AUD Retail Sales m/m | ||
| Actual | <1.75% | <2.00% | <2.00% | <2.25% | <2.50% | 9:30 AM | UK Services PMI | ||
| Forecast | <1.75% | <2.00% | <2.00% | <2.25% | <2.50% | 15:00 PM | US ISM Non-Manufacturing PMI | ||
| Initial Reaction on Main Pairs | Open Position Proportions on 04.02.2019 | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/USD | 0.7193 | 0.72352 | 0.59% | AUD/USD | 65.04% | 34.96% | |||
| EUR/USD | 1.14177 | 1.14572 | 0.35% | EUR/USD | 28.77% | 71.23% | |||
| USD/JPY | 109.534 | 109.357 | -0.16% | USD/JPY | 43.61% | 56.39% | |||
| NZD/USD | 0.68336 | 0.68765 | 0.63% | NZD/USD | 51.75% | 48.25% | |||