GBPUSD - FED meeting is here!
-This week FED will have a meeting and everyone expects something to be done with the current inflation levels in the U.S.
-Logic is pretty simple if FED will boost the tapering or raise the interest rates, or at least mention anything about these two, DXY (dollar) will definitely go up in value.
-Current problems in logistics, rising Chinese import costs due to the tariffs, and the Chinese government's electricity usage limitations are adding up on inflation and local product prices in the U.S market.
-Something definitely has to be done and let's see what the good old FED will say about this situation.
-Logic is pretty simple if FED will boost the tapering or raise the interest rates, or at least mention anything about these two, DXY (dollar) will definitely go up in value.
-Current problems in logistics, rising Chinese import costs due to the tariffs, and the Chinese government's electricity usage limitations are adding up on inflation and local product prices in the U.S market.
-Something definitely has to be done and let's see what the good old FED will say about this situation.
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