On Monday, leading US media sources were certain that the Fed would cut rates by 50 basis points. However, yesterday, everyone seemed to forget those reports. The same sources started discussing a high likelihood of a 25-basis-point cut instead.This shift allowed the US dollar to strengthen slightly at the start of the American trading session.
www.instaforex.com - reliable Forex broker since 2007
Read Forex analysis on www.instaforex.com
Forex Calendar - www.instaforex.com
Forex TV from InstaForex - www.instaforex.com
Forex charts - www.instaforex.com
Instant account opening - www.instaforex.com
Forex Trading Contests - www.instaforex.com
List of official InstaForex blogs:
#forex_news #american_session #instaforex_tv