Fed preview: What to expect of US dollar? - Oanda

Will the Fed the policy statement drill down into details about when and how it intends to reduce their large holdings of mortgage and Treasury securities? Will the Fed acknowledge the recent downturn in the economy and shut the door on a June rate hike?

Craig Erlam, Senior Market Analyst at Oanda believes the first quarter is usually the weakest in the US and the economy is likely to see a rebound in the coming days.

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How the US dollar would react if the Fed talks about a June rate hike and/or balance sheet reduction?

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Fed#central banks#interest rate#markets#macro#trading#fundamentals#investing#forex, currencies, USD