Forex Markets Brace for Interest Rate Decisions

Forex Markets Brace for Interest Rate Decisions

Global forex markets are on edge this week as several central banks are set to announce their interest rate decisions. Investors are closely watching the U.S. Federal Reserve, European Central Bank, and Bank of England for any policy changes that could impact currency valuations.

U.S. Dollar Strength in Focus

The U.S. dollar could see increased volatility depending on whether the Fed signals more hikes or pauses its tightening cycle. Traders should expect sharp moves in major currency pairs during announcements.