Posts Tagged ‘FOMC’
Quote of the day: “Long run is a misleading guide to current affairs. In the long run we are all dead.” – John Maynard Keynes
EURUSD – 1.3690 @06:28 GMT
Trading strategy: standing aside
Good morning. The euro maintains a bullish stance, trading near 1.37 against the US dollar at time of writing – ahead of today’s FOMC [...]
The regional Fed presidents are all members of the Federal Open Market Committee, the rate-setting body of the Federal Reserve Board. Not all members have a vote every year, however. Only the president of the New York Fed has a permanent vote and also serves as the Vice Chair of the committee. The membership of [...]
By Natalie R. – With the FOMC meeting minutes expected to be published today at 18:15 GMT, the main question is whether or not the Fed will hold off from further purchasing securities or decide to expand the stimulus further and thus its balance sheet. With the economy showing signs of slowing [...]
Quote of the day: I find that the harder I work, the more luck I seem to have. — Thomas Jefferson
EURUSD
Trading strategy: long at 1.3120, stop at 1.3060 (0.5% risk), 1st objective at 1.3170, 2nd objective at 1.3250
The dollar is weaker ahead of FOMC Interest Rate decision on concern the …
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These should be the most interesting FOMC minutes in a long time based on the Wall Street Journal article several weeks ago which highlighted the unusually large number of participants (7 of 17) who took issue with the Fed dipping its toe back into the quantitative easing waters.
From a policy perspective, Bernanke laid out several [...]
