US dollar is trading flat and equity indices are slightly up today as investors await the key decision from the Federal Reserve. The US central bank is broadly expected to cut rates by 25 basis points but outlook for more easing will be decisive for market reaction. The decision will be announced at 7pm BST (8pm CEST) and the post-meeting conference will start 30 minutes later.
Markets anxious ahead of the FOMC meeting
Jul 31, 2019