Post Tagged with: "FOMC Meeting Minutes"
Fed minutes shine a light in the dark tunnel
The minutes of the August meeting of the US Fed showed “a few” members of the committee “felt that recent economic developments justified a more substantial move” going beyond the change in language that was offered previously (committing to low rates until mid-2013). This complemented the three members dissenting against the easing of language. In
EUR/USD Aug 30 – Sliding to Support As Londoners Return
Euro dollar is now sliding to support as London reopens after a holiday. European banking troubles, Greek bailout issues and a softer tone from Trichet on inflation are the main reasons for this slump. The pair is still high. Important US data lies ahead. Here’s a quick update on technicals, fundamentals and what’s going on in
Forex Daily Outlook – August 30 2011
FOMC Meeting Minutes in the US and RMPI in Canada are the main events lined up. Let’s see what awaits us today. In the US, Federal Open Market Committee (FOMC) Meeting Minutes, full record of the FOMC’s last meeting, regarding interest rates financial conditions. Later in the US, The Conference Board (CB) Consumer Confidence, Survey (5,000
Forex Weekly Outlook – Aug 29 – Sep 2
We ended the week with QE3 off the table. Or is it? US housing data, and Consumer confidence, US FOMC Meeting Minutes, Canadian and Swiss GDP, US employment data including NFP are just a few of the interesting events awaiting us this week. Here is an outlook on the major market-movers ahead. Last week US durable goods
EUR/USD July 12 – At 4 Month Low on Imminent Greek Default
Euro dollar fell to a 4 month low, currently clinging to losing low support (update: gone as well), and it seems that nothing can stop the pair. A default in Greece, selective or not, is now on the cards. Italian bank shares continue their drop and Italian and Spanish bond yields are at record highs. The
Forex Daily Outlook – July 12 2011
FOMC Meeting Minutes in the US and CPI in the UK are the main events lined up. Let’s see what awaits us today. In the US, Trade Balance, report to value the Change on imported and exported services and goods on the passing month, a small decrease is expected from -43.7 billion on June to -44.1
Forex Weekly Outlook –July 11-15
Worrying signs from Europe switched to worrying signs from the US, and shook the markets in the past week. The upcoming week will see Ben Bernanke’s speech, FOMC Meeting Minutes, US retail sales and US Inflation data as the top events . Here is an outlook on the important events ahead. Last week the private
Forex Weekly Outlook –May 16-20
Ben Bernanke, US FOMC Meeting Minutes, Japan Prelim GDP and US Unemployment Claims are some of the major events this week. Let’s review the important market-movers for the next week. The past week has seen more dollar strength as worries about Greece and fear of contagion to Ireland were quite strong. It seems more likely
USD/JPY Breaks to 6 Month High – Eyes Next Resistance
Dollar/Yen finally made a convincing break above the 84.50 level. It not only settled above this level, but is pushing forward towards the next resistance line. USD/JPY now trades at 85.18. Such level were last seen at the end of September 2010. The stubborn peak of 84.50, which capped the pair towards the end of
EUR/USD Apr. 5 – Falling to Midrange Support on Portuguese Worries
EUR/USD falls to the middle of the range as the focus shifts from the upcoming rate hike on Thursday to fresh, ever-flowing debt worries. Will it shift lower? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Quiet session sees narrow range trading in higher range. Current range – 1.4160