The meeting of the FED this Wednesday

The meeting of this Wednesday 26/08 of the US Federal Reserve should therefore lead to an increase in the US Federal Reserve rate. The EURUSD price has already incorporated the decision of this rate hike. It should therefore have no impact on the currency following this announcement.

On the other hand, economic forecasts are eagerly awaited by economists because they predict that the US central bank will announce a slowdown in the US economy for 2020. This slowdown announcement would echo the analysis of some experts predicting a recession in middle term.