FOMC Statement

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Fed Interest Rate Decision and FOMC Statement Wednesday, January 31st, 2018 at 19:00 GMT

Last week, the US dollar reached a new 3-year low against the euro after US Treasury Secretary, Steve Mnuchin, suggested a weak dollar would be good for the US. Nonetheless, President Donald Trump later said that Mnuchin’s comments were misinterpreted and that he wants to see a strong dollar. Other Central Banks have spoken against artificial manipulation of exchange rates,
but what will happen tomorrow?

Market experts are divided in 2 groups:

FOMC Statement

 

Source: AvaTrade Forex Broker

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