Mizuho Bank analysts suggest that the focus of the markets this week is sitting squarely on 20 March FOMC meeting, wherein a no change in policy is expected, so focus will be squarely on the press conference, new forecasts & Dot Plot. Key Quotes “A marginally firmer US dollar and a slightly higher oil prices should cancel each other out in terms of the inflation forecast. The risks to the CPI forecast are on the downside but should be modest. Despite downward revisions to growth forecasts elsewhere, the US economy is holding up quite well and the Fed’s GDP forecasts are expected to be little changed.” “Limited changes in the growth and inflation forecasts suggest limited changes in the dots. However, we suspect that with downside risks to activity overseas remaining on the radar, there will be a small downward revision to the dots but that they will still imply that higher policy rates rather than lower policy rates are more likely.” 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 Wall Street opens slightly higher led by financials FX Street 4 years Mizuho Bank analysts suggest that the focus of the markets this week is sitting squarely on 20 March FOMC meeting, wherein a no change in policy is expected, so focus will be squarely on the press conference, new forecasts & Dot Plot. Key Quotes "A marginally firmer US dollar and a slightly higher oil prices should cancel each other out in terms of the inflation forecast. The risks to the CPI forecast are on the downside but should be modest. Despite downward revisions to growth forecasts elsewhere, the US economy is holding up quite well and the Fed's GDP forecasts… 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.
