United States Fed Interest Rate Decision
The Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC) have equal authority to set interest rates in the United States. After receiving recommendations from one or more of the regional Federal Reserve Banks, the Board makes a decision on discount rate modifications. The FOMC makes decisions on open market activities, such as central bank money levels and the federal funds market rate.
A higher than expected figure should be seen as positive (bullish) for the USD while a lower than expected figure should be seen as negative (bearish) for the USD.
Forex Sentiment (USD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.0802 -54 pips |
1.0883 -27 pips |
1.08560 | |
| GBPUSD |
|
|
1.2714 -152 pips |
1.2918 -52 pips |
1.28660 | |
| USDJPY |
|
|
148.1961 -556 pips |
155.4842 -173 pips |
153.755 | |
| USDCAD |
|
|
1.3679 -12 pips |
1.3720 -29 pips |
1.36908 | |
| AUDUSD |
|
|
0.6580 +43 pips |
0.6644 -107 pips |
0.65374 | |
| NZDUSD |
|
|
0.6023 +139 pips |
0.6012 -128 pips |
0.58840 | |
| USDCHF |
|
|
0.8879 +43 pips |
0.8995 -159 pips |
0.88360 | |
| USDCZK |
|
|
23.1238 -2045 pips |
23.4678 -1395 pips |
23.32830 | |
| USDHUF |
|
|
356.4381 -355 pips |
361.9155 -193 pips |
359.99 | |
| USDMXN |
|
|
17.6691 -7772 pips |
18.5724 -1261 pips |
18.4463 |
News (USD)
U.S. Consumer Sentiment Index Dips Slightly Less Than Previously Estimated In July
The University of Michigan released revised data on Friday showing consumer sentiment in the U.S. deteriorated by slightly less than previously estimated in the month of July. The report said the consumer sentiment index for July was upwardly revised to 66.4 from the preliminary reading of 66.0. Economists had expected the reading to be unrevised.
RTTNews | 15h 23min ago
U.S. Consumer Prices Inch Up 0.1% In June, In Line With Estimates
Consumer prices in the U.S. crept up in line with economist estimates in the month of June, according to a highly anticipated report released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index inched up by 0.1 percent in June after coming in unchanged in May. The uptick by the index matched expectations.
RTTNews | 16h 20min ago
U.S. PCE Price Index Inches Higher In June, Annual Growth Slows To 2.5%
Consumer prices in the U.S. crept up in line with economist estimates in the month of June, according to a highly anticipated report released by the Commerce Department on Friday.
RTTNews | 17h 7min ago
