FOMC (Federal Open Market Committee) is the branch of the United States Federal Reserve that determines the course of monetary policy. FOMC announcements inform everyone about the US Federal Reserve's decision on interest rates and are one of the most anticipated events on the economic calendar. The FOMC may decide to increase, decrease or keep interest rates steady, having a tremendous effect on currency values. The FOMC's Board of Governors is composed of seven members and five reserve bank presidents.
Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule:
Germany 30: 2.74%
France 40: 2.73%
FTSE 100: 2.28%
Wall Street: 0.91%
US 500: 0.59%
View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/SvvEG07UEc
Emotions are often a key driving force behind #FOMO. If left unchecked, they can lead traders to neglect trading plans and exceed comfortable levels of risk. Read on and get your emotions in check here:https://t.co/eILWbFgHRE https://t.co/dnwQT6AhKF
Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.
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