DELKOS BREAKING NEWS: High volatility expected on 5 symbols because of US Fed Interest Rate Decision release on Wednesday 28 Jul at 06:00 PM GMT

The US Fed Interest Rate Decision results where just released. The announcement is expected to affect the following instruments for the next few hours:

  • AUDUSD
  • EURUSD
  • USDCAD
  • USDCHF
  • USDJPY
     
    Due to the increased volatility in the market around this news event we would advise that you review any open positions in the market.
     
    These statistics are based on the past 12 US Fed Interest Rate Decision events, in which these instruments were all affected

     
     Why this event matters:
     
    In the United States, the authority to set interest rates is divided between the Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC). The Board decides on changes in discount rates after recommendations submitted by one or more of the regional Federal Reserve Banks. The FOMC decides on open market operations, including the desired levels of central bank money or the desired federal funds market rate.
     
     
    Disclaimer: Past performance may not be indicative of future performance