
Happy Tuesday, dear traders! Here’s what we follow:
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Don’t waste your time – keep track of how NFP affects the US dollar!
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The release of the Federal open market committee (FOMC) meeting minutes is scheduled on February 20, at 21.00 MT time. This is a detailed record of the previous FOMC meeting, which provides the insights into the economic and financial conditions that influenced the current monetary policy by the Fed. During the last meeting, the Federal Reserve said it would be "patient" before determining its next rate move. According to the Fed Chair Jerome Powell, the current level of the interest rate is appropriate for the current state of the economy. If the release of meeting minutes contains any hints on the further steps by the Federal Reserve, the USD will be supported.
• If the FOMC is hawkish, the USD will rise;
• If the FOMC is dovish, the USD will fall.
Happy Tuesday, dear traders! Here’s what we follow:
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
What's going on with the US GDP? Economists think that the first quarter will be pessimistic. Let's check.
The most impactful releases of this week will fill the market with volatility and sharp movements.
Happy Tuesday, dear traders! Here’s what we follow:
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
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