Trading the News: Federal Open Market Committee Interest Rate Decision Another unanimous vote by the Federal Open Market Committee (FOMC) to retain the current policy may dampen the appeal of the greenback and spark a near-term advance in EUR/USD as market participants push out bets for the next rate-hike. What’s Expected: Why Is This Event Important: With Fed Funds Futures reflecting limited ...
US Dollar Forecast – US Dollar Looks to Fed, US GDP, Struggling Euro and Yen to Guide It The USDollar has advanced for five consecutive weeks – although the pace hardly resembles the unconstrained bull trend through the first quarter of 2015. Japanese Yen Forecast – USD/JPY July Recovery at Risk on Wait-and-See FOMC/BOJ Policy The diverging paths between the Federal Open Market Committee (FOMC) and the Bank of Japan (BoJ) ...
Trading the News: Federal Open Market Committee Interest Rate Decision Even though the Federal Open Market Committee (FOMC) is widely anticipated to preserve its current policy in June, the updated economic projections coming out of the central bank may drag on the greenback and spark a near-term rebound in EUR/USD should Chair Janet and Co. curb their outlook for growth and inflation. What’s Expected: Why ...
US Dollar Forecast – Dollar Breaks Higher but Will GDP and FOMC Forecasts Sustain It? Finally, a bit of a reprieve for the USDollar. Having found itself under moderate but persistent pressure since its recent peak at the beginning of February, the Greenback finally managed a technical feat of strength. Japanese Yen Forecast - The Alchemy of Turning a Negative into a Positive The Yen has put in a significant movement so far ...
Trading the News: Federal Open Market Committee (FOMC) Federal Funds Rate Decision Even though the Federal Open Market Committee (FOMC) is widely expected to retain its current policy in March, the updated forecasts for growth, inflation and the interest rate may instill a bullish outlook for the U.S. dollar should the central bank stay on course to implement higher borrowing-costs in 2016. What’s Expected: ...