Back
US dollar rises after the publication of the Fed minutes
USD accelerated its growth and bullish sentiment after the end of the next meeting of the US Federal Reserve
Aug 19, 2021
1 min read
Anna BakkerNews analyzer

The dollar index tested its highs over the past 9 months.

The results of the meeting indicate that the Fed will soon consider the possibility of curtailing the program to stimulate the economy. Also, by the end of this year, the key level for the procurement of government goods will be announced bonds.

The Fed has given opaque hints that it intends to tighten monetary policy, although disagreements persist over the exact timing of the cut in printed money.

As part of any of the three upcoming Fed meetings, it may be announced that it will start rolling back monthly purchases of $ 120 billion in mortgage bonds.

In the meantime, the euro is ready to renew new highs. However, the outlook for continued monetary stimulus makes the euro's outlook uncertain.

forex expert advisors

Bank of America experts predict strong dollar growth. The same opinion is shared by HSBC, which expect the USD to strengthen, supported by the strong dynamics of economic growth in the US and the world economy. The Fed's actions to restrict the printing press to prevent another economic catastrophe add to the confidence.

The forex market always provides opportunities for investment and trading. Trade with the best trusted brokers.

Last article
Read other articles
Anna Bakker News analyzer
USD fell sharply after the publication of the results of the US Federal Reserve meeting.
Jul 29, 2021
2 min read
Anna Bakker News analyzer
Cryptocurrency Shiba Inu (SHIB) continues to consolidate slightly above $ 0.000050, ignoring positive news and overall growth in the crypto market
Nov 10, 2021
1 min read
Anna Bakker News analyzer
Cryptocurrency market on the eve of a new super cycle
Jan 21, 2022
1 min read
Forex Expert Advisors for your Profits
Forex trading robots based on AI. Innovative trading technologies for a stable growth of your profits