Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

The rate cut may weaken the USD

The rate cut may weaken the USD

Information is not investment advice

The Federal Open Market Committee will publish a rate statement and announce an official rate at 20:00 MT on October 30. After that, at 20:30 MT, the Fed Chair Jerome Powell will conduct a press conference.

The analysts anticipate a rate cut by 25 basis points. If the Fed reduces the interest rate, it will be the third policy easing of the year. The Fed Chair Jerome Powell characterizes these interest rate decisions as the central bank’s mid-cycle adjustment. The slash of interest rate would be highly appreciated by the US President Donald Trump amid his criticism of the Fed's monetary policy. Also, it is recommended to pay attention to the tone of the statement, as it may affect the USD.

• If the rate cut happens, the USD will fall;

• If the rate cut does not happen, the USD will rise.

Check the economic calendar


                                                                                              LOG IN



Choose your payment system

Learn more