The press conference of the Federal Open Market Committee takes place 30 minutes after the Fed's interest rate decision, and has two parts: a pre-prepared statement followed by open questions. Even if the Fed has left rates unchanged, or a change has been anticipated by the market, unexpected remarks during the press conference can still lead to a large market reaction.
The typical/expected impact on USD pairs is high.
(A summary of the historic trading range after each event is not available for FOMC Press Conference. Please check the candle charts instead.)
The trading range of EURUSD was pips following the most recent FOMC Press Conference.
Recent economic data has been broadly neutral for USD. The following recent announcements may affect the market reaction to FOMC Press Conference:
Country: | United States |
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Currency: | USD |
Source: | Federal Reserve |
Category: | Central Banks |
Frequency: | Irregular |
The value of FOMC Press Conference has been announced.
Forecast | Actual |