I expect growth in quotations before the Fed meeting, further the course of trading will depend only on the comments of Jerome Powell. Today’s meeting of the US Central Bank is very important for financial markets, inasmuch as the Fed will provide guidance to investors regarding changes in the asset repurchase program. The volume of purchases will remain unchanged at $120 billion a month: $80 billion for Treasury bonds and $40 billion for mortgage securities.

The Fed may announce an increase in purchases of long-term securities, but may not announce it. This issue is of great concern to investors on all continents, insofar as the yield on 10-year US government bonds is a “risk-free rate” for many assets, and all investors take into account its change in their forecasts.

Investment idea: Buy 109.05/108.85 and take profit 109.37.