The Fed decides on 28 October after its September hike. What would change your dollar view?

The Federal Open Market Committee meets on 27 and 28 October, and the decision is due on 28 October (Fed preview). Its last move was a quarter-point rise on 16 September, to a target range of 3.75% to 4.00% (FOMC statement).

The Federal Reserve's calendar marks projections for March, June, September and December, not October. This meeting therefore brings a decision and a statement without a new set of projections. The next projections come with the 8–9 December meeting (FOMC calendar).

We would like to hear how you read it:

• Do you trade the dollar on the decision itself, or on the statement's wording afterwards?
• Which phrase in the September statement would you compare first with the October one?
• Without new projections this month, do you wait for December before changing your view of the dollar?
• Have you seen a dollar pair move on a Fed decision and then reverse within the same session?

What happens when the Fed hikes explains how rate decisions reach currencies, and how to trade the news covers planning around scheduled releases.

Please share your own approach and reasoning, not calls for others to copy. Posts that promise a direction or sell signals will be removed.