After a long time, FOMC Meeting scheduled this Wednesday is most likely to increase the interest rates in US. FOMC makes the decision on the FED Fund Rate. This is a the short term interest rate rather an overnight interest rate that banks and financial institutions pay to each other to cover the reserve requirements… Continue reading FOMC Meeting This Wednesday Increasing Interest Rate
Category: Forex
How To Trade The US Presidential Elections?
8th November was a tumultuous day for the US politics as well as the currency market. It has been a wild day for both USA and currency market. Most pairs had a whipsaw day and are now standing almost where they had started. Markets are confused just as we are confused on what happened. Hillary… Continue reading How To Trade The US Presidential Elections?