US Federal Reserve Announcement

Posted at 16 December 2015 / Categories FirewoodFX Company News

Dear Trader, Today, Wednesday 16th December 2015, at 19:00 GMT the US Federal Reserve will announce the statement which may include their first rate hike since 2009. End of year is getting closer and the liquidity has been being thin. A significant announcement by the US Federal Reserve may cause some rapid change to FX pricing and, potentially, the widening of spreads. If you have open positions, and will be trading at the time of the announcement, please ensure that you have the sufficient margin in place to support your trading strategy during any periods of increased volatility.

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