The U.S. central bank was widely expected to continue to roll back its bond purchasing program by $10 billion at the conclusion of its monthly meeting later Wednesday, the first with Janet Yellen at the helm.
Free Forex Tips and Ideas related to Today's FOMC:
TIP # 1:
Close your all lots before the release of the FOMC and wait for its release.
TIP # 2:
Once FOMC has started, try to get some points where you can place orders in same direction as effects of FOMC and get closed your orders quickly.
TIP # 3:
This tip is very important and is for professional traders;
After four hours of release of FOMC, place orders in opposite directions of the market's current movement.
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you should carefully consider your investment objectives, level of experience,
and risk appetite. The possibility exists that you could sustain a loss of some
or all of your initial investment and therefore you should not invest money
that you cannot afford to lose. You should be aware of all the risks associated
with foreign exchange trading, and seek advice from an independent financial
advisor if you have any doubts.
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