Will today finally bring some direction to the USD?
The federal reserve is set to cut interest rates by 0.25%, but the language they use will be more important.
If the fed decide to be more aggressive with future rate cuts we may see the USD weaken significantly.
Even if the fed use hawkish comments we are likely to see President Donald Trump try to continue to
devalue the USD. Expect volatility to be high and wait for clear direction.
The federal reserve is set to cut interest rates by 0.25%, but the language they use will be more important.
If the fed decide to be more aggressive with future rate cuts we may see the USD weaken significantly.
Even if the fed use hawkish comments we are likely to see President Donald Trump try to continue to
devalue the USD. Expect volatility to be high and wait for clear direction.