Trade the FOMC meeting

The Federal Open Market Committee (FOMC) will meet on 29-30 January to determine interest rates in the US. Find out more about this meeting and how you can trade it with Saxo.

Range of opportunities

Access a wide range of dollar crosses, US stocks and bonds, or go long or short with CFDs on major indices.

Industry-leading prices

Trade EURUSD and USDJPY for as little as 0.4 points, US stocks from USD 3 commission, and the US 30 from 1.4 points.

Award-winning platforms

React to the latest FOMC developments from your desktop, tablet or mobile, and benefit from innovative risk-management tools.

24/5 expert service

Receive technical assistance, news and analysis and access to personal sales traders whenever markets are open.

What’s expected at the next FOMC meeting?

What’s expected at the next FOMC meeting?

In the final FOMC meeting of 2018, the central bank raised interest rates from 2.25 percent to 2.5 percent. The Fed included in its statement that further “gradual” rises would be appropriate but lowered its projections to two hikes in 2019.

The markets are therefore expecting a pause on interest rates when the FOMC meets on 29-30 January. However, an unexpected hike or cut, or even the tone of the accompanying minutes, could produce a reaction from the markets.

Key markets to watch

Forex

Pay close attention to dollar crosses as the FOMC prepares to announce its decision. In general, higher interest rates increase the value of a country’s currency, while lower rates weaken it.

Indices

A rise in interest rates tends to negatively impact the stock market, as businesses and consumers will cut back on spending. Keep a close eye on the S&P 500, Dow Jones and Nasdaq indices.

Bonds

Any rate change will directly impact US bonds, as there is an inverse relationship between bond prices and interest rates. That means that as interest rates rise, bond prices fall, and vice versa.

Saxo’s view on the FOMC meeting

Stay up to date on FOMC developments with news and insights from the #SaxoStrats, our team of in-house analysts.

Award-winning trading platforms

Award-winning trading platforms

The No. 1 for active traders2
The award-winning, multi-device SaxoTraderGO partners seamlessly with SaxoTraderPRO, our professional-grade platform for advanced traders.

Powerful analysis tools
Access live charts with 50+ technical indicators, integrated Trade Signals from Autochartist, equity research and Stock Screener tools, and streaming news from our equity analysts.

Comprehensive account overview
Analyse your performance in detail with dedicated dashboards for your P/L and returns, and download historical reports for bookkeeping purposes.

24/5 expert service

Personal relationship managers

An individual point of contact for platform, trading and account queries.

Dedicated sales traders

Live market commentary, risk management and post-trade support from our senior sales traders.

In-house analysts

News and commentary on all major asset classes from our global team of market analysts – #SaxoStrats.

Integrated online support

Self-service support centre, email helpdesk and a range of educational courses.

24-hour customer service

Support with technical matters and account questions whenever markets are open.

Local language assistance

With offices in 16 countries, we’re able to service our clients in most local languages.

Trade the FOMC meeting with Saxo

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