FOMC Wednesday

There is a monetary policy decision from the Federal Open Market Committee today!  Many expect the April FOMC meeting will yield virtually no new developments, with policymakers waiting until more data emerges on the economic recovery to determine the timing for an adjustment to their ultra-accommodative policy.  

Even the slightest hint at changes to the current policies – whether in the form of tapering the central bank’s $120 billion per-month asset purchase program or raising rates – should affect the USD. 

Be ready to trade the USD currency pairs today! 

Here are the high impact events for today, Wednesday 28th April 2021: 

15.30 – Canada – Core Retail & Retails Sales  

Potential instruments to Trade: CAD Crosses.   

17.00 – Europe – ECB President Lagarde Speaks  

Potential instruments to Trade: EUR Crosses.   

17.30 – US – Crude Oil Inventories  

Potential instruments to Trade: USD Crosses & Oil.   

21.00 – US – FOMC Statement & Federal Funds Rate   

Potential instruments to Trade: USD Crosses.   

21.30 – US – FOMC Press Conference   

Potential instruments to Trade: USD Crosses & Gold.   

To see all high impact events for this week, click here

If you have any questions, please email our Education Centre.

If you have any questions or require any assistance, please contact one of our support team members via our Live Chat or email [email protected].

We are Errante. Trading made personal.

Errante is the trading name used by Notely Trading Ltd, an Investment Firm authorized and regulated by the Cyprus Securities and Exchange Commission (CySec) under license number [383/20]. Errante is governed by the Markets of Financial Instruments Directive (MiFID II) of the European Union.

To find out more about Errante, visit https://errante.eu.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.50% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Read our Risk Disclosure.

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