Today’s rate decision in the US is considered by many as a “non event”. Rates are at a historic low, and the only thing that the Federal Reserve can supply is an announcement about buying more date US Treasuries. Or can it fall to the absolute zero? Here are some interesting opinions: Kathy Lien says that this could turn into a non event for a long time, and goes back to a similar period: Going forward, traders may have the same disregard for FOMC rate decisions as they do for Bank of Japan meetings. Macro Man also deliberates on the option of an announcement of buying dated treasuries: Will they or won’t they? That’s the question du jour, at least with respect to today’s FOMC announcement. There’s obviously nothing they can do on rates, so the big issue is whether the Fed takes the leap and announces a program to buy longer-dated Treasuries. But ForexTVBlog speculates that the absolute zero is here, in a post headlined “Will the Us Rate Cut Take it To Zero Today?”: Special attention should be given to the U.S. Federal Reserve’s meeting on short-term interest rates. Traders pay close attention to this figure as it has a strong correlation with the value of the U.S. Dollar. If rates are cut, an increase in the amount of USD in circulation will weaken the Dollar. And what do I think? I’m afraid that Ben Bernanke will turn it into a non event, and stay like this for a long time. I wouldn’t like to see it go that way, since the FOMC statements and rate changes are always fascinating for forex trading. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next NZD/USD on the Edge Yohay Elam 14 years Today's rate decision in the US is considered by many as a "non event". Rates are at a historic low, and the only thing that the Federal Reserve can supply is an announcement about buying more date US Treasuries. Or can it fall to the absolute zero? Here are some interesting opinions: Kathy Lien says that this could turn into a non event for a long time, and goes back to a similar period: Going forward, traders may have the same disregard for FOMC rate decisions as they do for Bank of Japan meetings. Macro Man also deliberates… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.