2014-10-29 18:00 GMT (or 19:00 MQ MT5 time) | [USD - Federal Funds Rate] past data is 0.25%forecast data is 0.25%actual data is 0.25% according to the latest press release if actual > forecast (or actual data) = good for currency (for USD in our case) [USD - Federal Funds Rate] = Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight. Short term interest rates are the ...
NZD/USD Holds September Low Ahead of China PMI’s, Fed Doves Fundamental Forecast for NZDUSD: Neutral Price & Time: NZD/JPY Bear Pattern Hangs in the Balance New Zealand Dollar Shows Signs of Turnaround The medium-term outlook for the NZD/USD remains bearish as the Reserve Bank of New Zealand (RBNZ) sticks to a neutral policy stance and retains the verbal intervention on the New Zealand dollar, but the pair may face ...
- Federal Open Market Committee (FOMC) Widely Expected to Deliver Another $10B Taper - Will There Be a Larger Dissent as the Fed Looks to End QE in October? Trading the News: Federal Open Market Committee (FOMC) Interest Rate Decision The Federal Open Market Committee (FOMC) interest rate decision may spur a bearish reaction in the dollar (bullish EUR/USD) if the central bank remains reluctant to move away from the zero-interest rate policy (ZIRP). What’s Expected: ...
- U.S. Non-Farm Payrolls (NFP) to Increase 200+K for Seventh Consecutive Month. - Would Match the Longest String of 200+K Prints Since 1997. Trading the News: U.S. Non-Farm Payrolls The EUR/USD may face a further decline over the next 24-hours of trade as the U.S. Non-Farm Payrolls (NFP) report is expected to show the world’s largest economy adding another 230K jobs in August while the jobless rate is expected to narrow to an annualized 6.1% from 6.2% the month prior. ...
Forex Weekly Outlook August 18-22 US housing data, Inflation data in the UK, the US and Canada, FOMC Meeting Minutes, Philly Fed Manufacturing Index, Janet Yellen’s speech are a few of the major events on Forex calendar. Follow along as we explore the Forex market movers for this week. Last week US retail sales disappointed with a flat reading in July, a poor start to the third quarter, suggesting some loss of momentum. Economists expected 0.2% increase. The ...
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