SwanBitcoin445X250

Gold, EURUSD, US Dollar Talking Points:

- Today at 2PM ET brings the March FOMC rate decision[1]. All eyes will be on the dot plot matrix as there are minimal expectations for any actual rate changes today. Also relevant will be the Fed’s take on the balance sheet and what the final composition of bonds held in the portfolio might look like. This could prod volatility in the risk trade, keeping both stocks and bonds on centerstage[2].

- The US Dollar[3] has spent the past week-and-a-half giving back gains after failing to breakout at yearly highs[4]. The topside ramp in USD[5] showed-up after the ECB rate decision[6], and the reversal was punctuated by an NFP report with an abysmal headline number. USD-weakness has been very visible since then, and the big question is whether that continues or whether the bigger picture theme of strength re-takes control.

- DailyFX Forecasts are published on a variety of currencies such as the US Dollar[7] or the Euro[8]and are available from the DailyFX Trading Guides page[9]. If you’re looking to improve your trading approach, check out Traits of Successful Traders[10]. And if you’re looking for an introductory primer to the Forex market, check out our New to FX Guide[11].

Do you want to see how retail traders are currently trading the US Dollar? Check out our IG Client Sentiment Indicator[12].

FOMC Steps Up to the Plate

Today at 2PM ET brings the Federal Reserve’s March rate decision[13], and there is minimal

Read more from our friends at Daily FX: