USD Fed Interest Rate Decision - 19-09-18

Date Wednesday 18th September 2019
Time 18:00

Today we see the Fed Interest Rate Decision. 94 out of the 98 economists surveyed have forecast a cut in rates from 2.25% to 2.00%.

This level of certainty is not shared by the markets, with CME FedWatch currently forecasting the probability of a cut at 70%.

We have provided conservative triggers below, setting up for a cut of more 25bps or unchanged. Aggressive traders may wish to sell <2.25 as the market has not fully priced this move, we consider this high risk.

What happened last time?

USD Fed Interest Rate Decision – 18-09-26
Time 18:00
Forecast 2.25
Actual 2.25
Deviation 0
One minute spike 14 pips

How we setup

Main Event USD Fed Interest Rate Decision
Market USD/JPY
Deviation +/-0.05
Prior 2.25
Forecast 2.00
Triggers Buy >2
Sell <2

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