I expect fireworks next week if the Federal Reserve further raises interest rates. Being new to the forex can anyone advise me on what to expect? I am assuming that the EUR/USD will be down (due to dollar up) and the DXY0 dollar index will be up.
In the past when (and how) does the F.R. make the announcement and how fast does the EUR/USD respond?
Any advice will be appreciated. This is my first time time with the forex and a F.R. announcement.
In the past when (and how) does the F.R. make the announcement and how fast does the EUR/USD respond?
Any advice will be appreciated. This is my first time time with the forex and a F.R. announcement.