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FOMC (Federal Open Market Committee)
The branch of the Federal Reserve Board that determines the direction of monetary policy in the US.
What is FOMC (Federal Open Market Committee) in forex trading?
The branch of the Federal Reserve Board that determines the direction of monetary policy in the US. FOMC meetings and interest rate decisions are among the most closely watched events in the forex market, often causing massive volatility.
Detailed Explanation
FOMC meetings and interest rate decisions are among the most closely watched events in the forex market, often causing massive volatility.
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