Analysts at TD Securities suggest that the FOMC is widely expected to leave rates unchanged in August and they do not expect any material changes in the policy statement, with only a mark-to-market update to reflect recent pickups to growth and inflation. Key Quotes “We do not expect any dissents for a rate hike or changes to the balance of risks.” “ISM Manufacturing will provide the highlight for economic data and TD looks for the index to edge lower to 59.6 from 60.2, a more modest decline than the market consensus for 59.3.” “ADP Employment for June (market: 186k) and motor vehicle sales for July (market: 17.05m units) round out the event calendar.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: Manufacturer sentiment in July likely remained elevated – Nomura FX Street 5 years Analysts at TD Securities suggest that the FOMC is widely expected to leave rates unchanged in August and they do not expect any material changes in the policy statement, with only a mark-to-market update to reflect recent pickups to growth and inflation. Key Quotes "We do not expect any dissents for a rate hike or changes to the balance of risks." "ISM Manufacturing will provide the highlight for economic data and TD looks for the index to edge lower to 59.6 from 60.2, a more modest decline than the market consensus for 59.3." "ADP Employment for June (market: 186k) and… 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.
