Glossary
Courses & Webinars
Economic events
Modules
What are the FOMC Meeting Minutes?
The FOMC stands for Federal Open Market Committee, which determines how the US monetary policy should be altered. This Meeting Minute is a report which contains details on discussions held during the previous meeting about the country’s monetary policy. Investors closely watch the report as it is known to provide indications of how the committee may react going forward.
Why is it important to the currency?
The Federal Reserve’s monetary policy plays a significant role in the pricing of the US Dollar as the interest rate being paid to investors can increase or decrease demand. If the report holds signs of interest rates rising, it may prompt more investors to consider the Dollar.
Why is it important to the Stocks?
As mentioned above, the FOMC Meeting Minutes can indicate how interest rates may change within the coming months. As a result, it can affect both the US Dollar and US equities. US Equities include individual stocks and indices such as the NASDAQ.
Indications of higher interest rates can pressure the price of the stock market. Talk of lower interest rates may significantly support the stock market as lower interest rates provide a stronger foundation for economic growth. This is because lower interest rates create more disposable income, higher consumer demand and lower company debt fees.
➡️ Next event
18. FOMC Meeting Minutes.jpg
22.05.24
|
18:00
High Impact
FOMC Meeting Minutes
Assets potentially to be affected:
US Dollar and US Equities
🗒️ Latest reports
Meeting Minutes, August 17th
Meeting Minutes August.PNG
EURUSD price dynamics
Time
Performance
10 minutes
Down
4 hours
Up
24 hours
Up
Meeting Minutes, July 5th
Meeting Minutes July.PNG
EURUSD price dynamics
Time
Performance
10 minutes
Down
4 hours
Down
24 hours
Up
Meeting Minutes, May 24th
FOMC Meeting Minutes May.PNG
EURUSD price dynamics
Time
Performance
10 minutes
Up
4 hours
Down
24 hours
Down

Copyright © 2024 – All rights reserved.

NAGA is a trademark of The NAGA Group AG, a German based FinTech company publicly listed on the Frankfurt Stock Exchange | WKN: A161NR | ISIN: DE000A161NR7.

The website is owned by The NAGA Group AG and operated by NAGA Capital Ltd which is authorised and regulated by the Financial Services Authority Seychelles (FSA) under licence No. SD026. The registered address of CT House, Office 9A, 2nd Floor, Providence, Mahe, Seychelles.
Tel: +2482574498

The group also includes NAGA Global (CY) Ltd, with registered address at Nikokreontos 2, NICE DREAM, 6th floor, Flat/Office 601, 1066, Nicosia, Cyprus. NAGA Global (CY) Ltd is wholly owned by The NAGA Group AG.

RISK WARNING: Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. This is not investment advice. Trading with NAGA Trader by following and/or copying or replicating the trades of other traders involves high levels of risks, even when following and/or copying or replicating the Lead Traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Before making an investment decision, you should rely on your own assessment of the person making the trading decisions and the terms of all the legal documentation.

Restricted countries: NAGA Capital Ltd does not provide services for the residents of certain countries, such as Afghanistan, Albania, American Samoa, Anguilla, Australia, Austria, Barbados, Belarus, Belgium, Bermuda, British Indian Ocean Territory, Bulgaria, Burkina Faso, Canada, Cayman Islands, Central African Republic, Christmas Island, Cocos (Keeling) Islands, Congo, The Democratic Republic of the, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Falkland Islands (Malvinas), Finland, France, Germany, Gibraltar, Greece, Guam, Haiti, Heard Island and McDonald Islands, Hungary, Iceland, Iran, Islamic Republic of, Ireland, Isle of Man, Israel, Italy, Jamaica, Japan, Jersey, Korea, Democratic People's Republic of, Latvia, Libyan Arab Jamahiriya, Liechtenstein, Lithuania, Luxembourg, Mali, Malta, Montserrat, Mozambique, Myanmar, Netherlands, New Zealand, Norfolk Island, Norway, Palestinian Territory, Occupied, Pitcairn, Poland, Portugal, Romania, Russian Federation, Saint Helena, Ascension and Tristan Da Cunha, San Marino, Senegal, Serbia, Slovakia, Slovenia, Somalia, South Georgia and the South Sandwich Islands, South Sudan, Spain, Sri Lanka, Sweden, Switzerland, Syrian Arab Republic, Trinidad and Tobago, Tunisia, Turks and Caicos Islands, Uganda, Ukraine, United Kingdom and any other countries where the citizens have British proof of identity (i.e. British Virgin Island, Gibraltar, Isle of Man etc.), United States, U.S. Minor Islands, Vanuatu, Virgin Islands, British, Virgin Islands, U.S., Yemen, and Zimbabwe.