Post Tagged with: "FOMC Statement"
EUR/USD Jan. 25 – Vulnerable Ahead of the Fed
Euro dollar is vulnerable ahead of a busy day. The US rate decision is highly anticipated, but may disappoint. More positive signs are seen from Germany today, while Greece and its bondholders are still in a standoff regarding the “voluntary” haircut – this hurts the euro. The ECB is also under pressure to undergo a haircut
Forex Daily Outlook January 25 2012
FOMC Statement in the US and MPC Meeting Minutes in the UK are the main events today. Here is an outlook on the market-movers awaiting us World Economic Forum (WEF) Annual Meetings – Day 1, this time is held in Davos for Bankers, Political, trade & finance Ministers and Commercial leaders from around 90 countries.
Forex Weekly Outlook January 23-27
The dollar dropped sharply in a very positive week. Is this temporary or a does it represent a big change? Initial GDP figures for the US and the UK and two rate decisions are the major events this week. Here is an outlook on the main market-movers coming our way. The upcoming Greek debt deal
EUR/USD Dec. 13 – At Critical Support, Awaiting the Fed
Euro dollar is holding on to critical support after the big fall yesterday. It’s a busy day today, with the Fed decision seeming the most important event. But, more bad news about Commerzbank or any additional repercussion from the EU Summit could tip the pair lower. Will we see another big breakdown now? Or will we see a
Forex Weekly Outlook December 12-16
The highly anticipated EU Summit provided mixed results, and currencies remained mixed after a volatile week. The focus now moves to the other side of the Atlantic – to the FOMC decision. In addition, we have German ZEW Economic Sentiment, US retail sales, and Unemployment claims as important market movers this week. Here is an
Fed Makes No Policy Changes – Dollar Rises
The FOMC released its statement, and it contains no changes in policy: Operation Twist will continue as planned, and the conditional commitment to keep interest rates low up to mid 2013 remained in place. EUR/USD dropped before the release to 1.3775, within levels seen during the day. Earlier in the day it climbed and challenged
EUR/USD Nov. 2 – Recovering Despite Weak Figures
Euro dollar is now recovering from lows but remains far from a real change, as the Greek referendum is here to stay. Papandreou will be asked for explanations from his European counterparts today in Cannes. Euro-zone data has been weak. The focus will temporarily shift to the US, with a significant hint towards the Non-Farm Payrolls
Forex Daily Outlook – November 2 2011
Today we have key events: FOMC Statement in the US and Construction PMI in the UK as the main highlights on today’s outlook. Let’s see what awaits us today. In the US, FOMC Statement, the key tool that is used by the FOMC regarding monetary policy with investors, and regarding financial conditions for other policy
Will Bernanke Raise Forecasts? FOMC Preview
The Federal Reserve took action in the past two meetings, pledging low rates and announcing “Operation Twist. It is likely to take a break now, as conditions improve. For the first time since June, the statement will be followed by a press conference by Ben Bernanke. A lack of big announcements in the statement can
Forex Weekly Outlook – Oct. 31-Nov. 4
The US dollar dropped sharply as the euphoria from Europe replaced fear. Will this continue? The upcoming week is very busy: rate decisions in the US, the euro-zone and Australia, the G-20 Meetings and Non-Farm Payrolls. Here is an outlook on the major market-movers ahead. Last week the US economy grew at an annual pace