Edited minutes of the July 28-29 FOMC meeting are due out at 18:00 GMT. Markets are looking for indications of long-term economic view while any mention of yield curve control is negative for the dollar, Joseph Trevisani, an analyst at FXStreet, reports. Key quotes “Markets are chiefly concerned about the governors’ forward view. Employment and economic growth are the Fed’s main concerns, followed at a discrete rhetorical distance by inflation. Pessimistic, optimistic or neutral whatever light the minutes can shed on the FOMC’s future sight will be taken as pronouncements by the trading markets.” “Yield curve control, or as we call it, Y2C, was not mentioned in the FOMC statement or by Chairman Powell in his prepared statement or in the news conference. If there is any serious consideration it will show here. If the topic is more than academic it will be a sign that the governors are more worried than they have let on and will not bode well for the dollar.” 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 EUR/CHF jumps above 1.0800 and hits two-month highs FX Street 2 years Edited minutes of the July 28-29 FOMC meeting are due out at 18:00 GMT. Markets are looking for indications of long-term economic view while any mention of yield curve control is negative for the dollar, Joseph Trevisani, an analyst at FXStreet, reports. Key quotes “Markets are chiefly concerned about the governors’ forward view. Employment and economic growth are the Fed’s main concerns, followed at a discrete rhetorical distance by inflation. Pessimistic, optimistic or neutral whatever light the minutes can shed on the FOMC’s future sight will be taken as pronouncements by the trading markets.” “Yield curve control, or as we… 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.
