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The Fed and USD – All you need to know – MM #54

It’s a big Fed decision, with no strains attached. We provide the background, scenarios and potential USD reactions – all you need to know. We continue by tackling Greece from two angles: the current situation and bank stocks.

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  1. Fed decision:  The FOMC reaches this decision with no forward guidance and ready to provide us with new forecasts as the economy is recovering. But  is it good enough for a liftoff in rates, or a hint of imminent action? How is Yellen positioned? What is priced into the dollar? We run through all you need to know for June 17th.
  2. Greek crisis: The  last minutes of the 11th hour are here. Who holds the keys for a solution? What does it mean for the euro?
  3. Greek bank stocks: These institutions are more and more dependent on the ECB’s lifeline, but could they be at a bargain price?

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Yohay and Lior hold no positions on any of the stocks and financial instruments that were mentioned on the show. The podcast should be used for general information. This isn’t financial advice.

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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.