Post Tagged with: "Federal Funds Rate"
FOMC Statement – An Opportunity to Short the Yen Crosses
Ben Bernanke and his colleagues at the FOMC are making their first rate decision after the unexpected drop in the American unemployment rate. Here are two dollar-bullish moves they could do. Since the dollar yen correlation is strong, shorting the yen crosses looks quite interesting. Here’s a preview for the FOMC Statement
Forex Weekly Outlook – August 10-14 2009
After a rollercoaster week, forex trading expects another interesting week: rate decisions in the US and Japan, CPI figures around the world and much more. Let’s see what’s on the menu this week. Last week began with a collapse of the dollar. Later on, it began recovering, and then made a comeback on Friday’s surprising
Forex Weekly Outlook – June 22-26 2009
The two day FOMC meeting will draw most of the attention this week. Will Bernanke hint anything about future rate changes? Also this week, home sales figures in the US, PMI data in Europe and important British figures will shake the market. And of course, the Iranian election crisis is still with us. Here are
GDP And FOMC Roundup – Yen Hurt
Advance GDP and the FOMC Statement supplied much volatility for the forex market. Most currency pair eventually stayed in the same place. Only the Yen was significantly hurt. Advance GDP was very bad: According to the early indicator, the American economy squeezed by 6.1% in the first quarter of 2009, much worse than early expectations
Forex Daily Outlook – April 29th 2009
Big day in forex trading today, when Advance GDP and the new FOMC Statement are published. There are more economic indicators, and there’s the swine flu still influencing the market. Advance GDP in the US is currently expected to show a contraction of 4.8% in the first quarter of 2009. This will be better than
GDP and FOMC Statement – Super Wednesday Scenarios
The upcoming forex trading week will come to peak on Wednesday, when American Advance GDP and the FOMC Statement will rock the markets on the same day. Here are some scenarios. Forex trading this week features quite an uncommon collision of events: on the same day, April 29th, two major American events will occur: Advance
Forex Weekly Outlook – April 27 – May 1 2009
This week, features interest rate decisions from the US, Japan and New Zealand. Advance GDP in the US will also be in the limelight, as well as the ISM Manufacturing PMI. Let’s dive into the important figures for the upcoming forex trading week. Monday, April 27th: GfK German Consumer Climate will start the forex trading week, and
Forex Daily Outlook – March 18th 2009
Big day today in Forex: Both Japan and the US announce new interest rates, which aren’t expected to change. The statements from both central banks will be interesting to watch. There are lots more major economic indicators. Let’s review them. Japan starts the day with the aforementioned new Overnight Call Rate. This will accompanied by an
Forex Daily Analysis – January 28 2009
Wednesday, January 28th, features a rate decision by the Federal Reserve. A cur isn’t expected, but the statement will be of interest to traders. Also New Zealand will feature a rate decision, and in Germany there are some important releases today. For those trading the Aussie, the quarterly CPI will be published at 00:30 GMT.
Forex Weekly Outlook – Januray 26-30 2009
The upcoming week in forex trading features a return of data from the US. The two major events are a new interest rate on Wednesday (probably unchanged), and the Advance GDP on Friday.Also Home Sales information will be in the limelight in America. This week, it’s New Zealand turn to slash interest rates, Canada will