A ‘neutral‘ FOMC hold: USD gains as FOMC ‘dots‘ shows a divided debate

Research evidence excerpt

A ‘neutral‘ FOMC hold: USD gains as FOMC ‘dots‘ shows a divided debate

Currencies ● Global

17 June 2026

The tenor of the instrument will be denoted and will refer to a settlement date relative to the opening date of the trade idea e.g.

1m refers to a settlement date 1 month forward from the open date of the trade idea. NDF trades normally fix two working days

prior to the settlement date.

Distribution of currency trades

The nature of foreign exchange forward trade ideas is such that there will always be an equal number of buy and sell trades

(buying one currency in exchange for selling another), both outstanding and historically.

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