july, 2019 Federal Funds Rate & Statement 31jul6:00 pm6:00 pmFederal Funds Rate & StatementIMPACT: ALL MAJOR PAIRS & USD RELATED INSTRUMENTS6:00 pm - 6:00 pm UTC Event Type :High Impact Time has ran out! Better luck next time! Event DetailsWhat is this event? Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change Event Details What is this event? Short term interest rates are the paramount factor in currency valuation – traders look at most other indicators merely to predict how rates will change in the future. Measures The interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight. Effect on Currency ‘Actual’ greater than ‘Forecast’ is good for currency. Frequency of event Scheduled 8 times per year. Source of Data Federal Reserve (latest release) Time(Wednesday) 6:00 pm - 6:00 pm CalendarGoogleCal Leave A Comment Cancel reply Comment Save my name, email, and website in this browser for the next time I comment.