Wypróbuj demo Otwórz konto
Handel
CFD
Binarne
Krypto
Bankowość
B2B
Rynki
O nas
Wypróbuj demo Otwórz konto

US Dollar reacts to FOMC Meeting Minutes

Note: This section contains information in English only.
Source: Dukascopy Bank SA


At 19:00 GMT on Wednesday, the US Federal Reserve's Federal Open Market Committee published its meeting minutes from January.

The document revealed that the Committee agreed upon that, if inflation does not decrease as expected, the Fed would tighten policy more than planned.

The EUR/USD reacted to the news with a 22 base point surge over the span of 23 minutes.
Back to articles

Actual Topics

17 Feb 2022

21.02.-25.02. US GDP data sets direction for markets

During this week, there are various types of events, which could impact different currencies. However, among the events it is clear that the top one is the quarterly US Preliminary Gross Domestic Product data release on Thursday at 13:30 GMT. The week's notable events will start on Monday at 08:30 GMT, as the German Markit Manufacturing and Services Purchasing Managers Index

10 Feb 2022

14.02.-18.02. Inflation and Retail Sales week

During the week, the US, UK and Canada will release various inflation and retail sales data sets, which are set to reveal how consumers have been spending and how prices have changed in the top economies. On Tuesday, at 13:30 GMT, the US Producers Price Index data will reveal, how high is the inflation at the production level. On Wednesday, at 07:00

10 Feb 2022

US CPI causes USD surge

At 13:30 GMT, the US government released the monthly Consumer Price Index data. US month-on-month inflation was revealed to be higher than forecast, as the CPI came in at 0.6% instead of 0.4% The value of the US Dollar immediately surged, as the higher than expected inflation strengthened the case of the US Federal Reserve for monetary tightening. Namely, hiking interest