
The Fed decision and Powell’s press conference will dominate forex markets this week. For traders funded with Apex Trader Funding, FundedNext, PropShopTrader, or Legends Trading, here’s your playbook.
Key Drivers:
- DXY: Powell’s tone on 2026 cuts will dictate short-term direction
- EUR/USD: Sensitive to US data and global risk sentiment
- JPY: Risk-off flows if Powell signals pause or Broadcom disappoints
Events to Watch:
- Wed 2:30pm ET: Powell press conference trade only after confirmation
- Thu after close: Broadcom earnings AI sentiment driver
- Fri after close: Nasdaq 100 changes announcement
Your Strategy:
- Avoid new positions 1 hour before/after Powell’s presser
- Favor JPY crosses for risk-off plays
- Use tight stops during Fed events
In volatile weeks, correlation awareness is your edge. For forex prop traders, position sizing matters more than usual.




