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18.12.2024: USD pulling back ahead of FOMC interest rate decision. Daily outlook for DXY, EUR, Brent
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Markets are holding their breath ahead of the Federal Reserve's interest rate decision. Almost all major instruments have been trading sideways over the past 24 hours. Market sentiment will depend on this policy meeting.
It is not about the next level of the funds rate—there is no mystery there. It is clear that the key interest rate will be cut by 0.25% today. Even forecasts for further rate cuts will also be downgraded. The only question is: by how much?

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00:00 INTRO
00:36 US FED DOT PLOT
01:17 USDX
01:38 EUR | USD
02:45 CHRISTINE LAGARDE
03:06 USA AND EU
03:36 BRENT
05:02 USD | RUB
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Editor's choice
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Dr. Rakesh S. Rajangam, Doctor at Newcastle University: "Important aspects in HR management" (ShowFx World Exhibition in Singapore)
Trader’s calendar on January 17: What Trump 2.0 means for USD?
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