[ECONOMIC INFO] FOMC MEETING – WHAT SHOULD TRADERS PAY ATTENTION TO?
The Federal Open Market Committee (FOMC) Meeting is one of the most influential economic events in the world, especially for cryptocurrency, stock, and forex markets. The FOMC is a meeting held by The Fed (the US central bank) to determine the direction of interest rate policy and other monetary policies.
Why Is It Important?
The Fed's interest rate decisions can:
Strengthen or weaken the USD
Increase or decrease selling/buying pressure in the cryptocurrency market
Trigger high volatility in a short period
What Are Traders Waiting For?
Interest rate decision (hold, raise, or lower)
Statement from Powell (Chair of The Fed) – hawkish or dovish tone?
Economic and inflation projections (dot plot)
Tips for Traders:
Avoid over-leverage leading up to the FOMC
Prepare stop loss and take profit with discipline
Watch for volatility 5–30 minutes after the release
Wait for confirmation of a new direction after the market digests the meeting results
Upcoming Schedule: [FOMC Meeting – Date, Time (WIB)]
Check economic calendars like Forex Factory, Investing, or your trading app for the exact timing.
Conclusion:
The FOMC can be a moment of opportunity, but it is also full of risks. Trade with caution!