Financial Markets looking forward today ( especially Gold traders ) to Fed Rate decision today & FOMC statement to gather more clues about the future of Interest Rate on US Dollar
While most expectation heading toward Unchanged Rate Decision today the expectation is rising for another hike at the end of this year on December
Fed still facing head wind against rising Interest Rate due to low Inflation reading from US economy where Janet yellen ( Fed reserve Chair ) announced earlier this year that the continues strength over US labor market will shift eyes toward improvements over US economy Inflation to hike more rate .
And so most economist expecting Fed to hold Interest rate unchanged today while will monitoring FOMC statement to catch any clues about the future of the Interest Rate.
To see expectation movement for US-Index ( http://ramifx.com/?GLvZnj )
To see expectation movement for Gold ( http://ramifx.com/?X750hs )