Fed Meeting Minutes accelerate USD decline

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




The publication of the Federal Reserve Federal Open Markets Committee Meeting Minutes at 18:00 GMT on Wednesday added more energy to the ongoing decline of the US Dollar. The minutes revealed new information about how the prior Federal Reserve rate decision was made and what some members of the committee spoke about the future.

Main points taken by the markets out of the protocol are: 

'Vast Majority' of Fed Officials Saw September Cut As Likely Appropriate

'Several' Officials Saw a Case For Reducing Rates in July 30-31 Meeting 

'Almost All' Fed Officials Wanted More Inflation Data Before Cutting Rates 

'Some' Officials Noted Risk of 'More Serious Deterioration' in Labor Market

In general, they reveal that the view that the Fed will cut interest rates in September and later on throughout the year has a basis, as a part of the officials wanted to even cut in July.
Back to articles

Actual Topics

Thu, 22 Aug 2024 08:28:42 GMT

Euro moved due to PMIs

During Thursday's morning hours, S&P Global published its Purchasing Managers Indices for the European countries. These data sets moved the Euro by revealing how the services and manufacturing sectors are doing in the eurozone. A PMI is a diffusion index derived from a survey. In general, a reading below 50 is seen as bad. A reading above 50 is seen

Thu, 15 Aug 2024 17:49:16 GMT

US Retail Sales cause major market move

On Thursday, at 12:30 GMT, the US monthly Retail Sales and Core Retail Sales data caused a major market move. The released data was much higher than expected, which boosted the value of the US Dollar by as much as 0.65% during the 45 minutes after the release. The Retail Sales were expected to show an increase of 0.4%. Actual

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.