All Eyes on the Fed

Economic News
13 iun. 2018
All Eyes on the Fed

The most important event of today's session for major pairs is the Federal Reserve's decision on interest rates, which may be increased by 25 basis points to 2%. However, amid the growth in the US in June, most respondents expressed skepticism that the Fed will be able to accelerate the growth of rates, and the number of those who consider three additional increases this year possible has decreased compared to the March poll.

Currently it is expected that this year there will be two increases for 25 basis points.

By the end of yesterday's session the dollar index rushed up and at the moment the US dollar strengthened against the basket of major currencies.

The prices for Bitcoin practically reached the minimum values of the current year and now the price is fixed under the mark of 6.600, against the background of theft by hackers of an unknown amount of cryptocurrency during the weekend at the South Korean exchanger Coinrail.

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G 6/7

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G7 Summit Results

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The United States is isolating itself from key allies as a trade war looms over the global economy.

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