Dollar Set To Weaken As The S&P Gains
March 17, 2010 by FX Instructor · Leave a Comment
There are a number of fundamentals which indicate to me that the dollar is set to depreciate in a trend, at least over the next few months. Also, the S&P is making a crucial technical test which indicates that the rally which began with Bernanke’s admission of electronic printing is still intact. The most obvious [...]
Afternoon Forex Overview
March 16, 2010 by Dukascopy · Leave a Comment
Previous session overview The U.S. dollar lost ground against the euro and other major currencies in Tuesday, quiet as traders awaited the outcome of the U.S. Federal Reserve’s policy meeting later in the session. The European single currency gained, a day after euro-zone finance ministers said they were ready to take unspecified action to help [...]
Preview Ahead of the FOMC Decision
March 16, 2010 by Gracie Gordillo · Leave a Comment
The Federal Open Market Committee is meeting today to discuss economic and financial conditions, and determine the stance of monetary policy to achieve its long-run goal of price stability and sustainable economic growth. Market participants believe the FED will leave rates unchanged at 0.25% and acknowledge that “exceptionally low” levels in the FED Funds rate [...]
FED Likely to Adjust Language on FOMC Statement
March 15, 2010 by Juan P. Bejarano · Leave a Comment
The Federal Open Market Committee meets tomorrow to discuss economic and financial conditions, and determine the stance of monetary policy to achieve its long-run goal of price stability and sustainable economic growth. Market participants believe the FED will leave rates unchanged at 0.25%, but alter the language of its FOMC statement. The FED will likely [...]
