Franc Drops, GBP Stable Post GDP, FOMC Ahead

Special report: Fed Preview – Need to Knows

The market is getting ready to take in the latest Federal Open Market Committee policy decision. There won’t be any change on rates and given we won’t be getting projections or a press conference either, all eyes will be on the language in the accompanying monetary policy statement.

Next 24 hours: Franc Drops, GBP Stable Post GDP, FOMC Ahead

With the exception of the Swiss Franc, which was a clear underperformer, the FX market was as stable as one might expect ahead of a Fed decision. Even the Pound got some help as far as ensuring things would remain calm went, after UK GDP produced as consensus result.

Global FX Insights Next 24 hours   LMAX Exchange  

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