Posts Tagged ‘U.S. Federal Reserve’

U.S. dollar gains after the Federal Open Market Committee statement

One explanation for the recent upswing in the dollar found some in an easing in demand for the commodity-linked currencies such as the Australian and Canadian dollars. Also, a series of peaceful expression of members of the Federal Open Market Committee (FOMC) gave the U.S. dollar momentum, as the monetary policy of the U.S. Federal Reserve appears to be somewhat more stable than suspect the recent political movements in Europe, it can be.

USD - USD positively Open Market Committee members make statements as peaceful (more...)

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Markets and reactions in forex

The markets are reflecting on the planned actions of the U.S. Federal Reserve, resulting in a dollar eased in Asian forex markets today. As reported at 2:49 pm (JST) in Tokyo, the dollar index remained relatively flat, trading at 76.407. DXY, down from 6-week high reached last week. Analysts expect the Federal Reserve will continue to embrace a pacifist tone, and make little mention of recent strong economic data. The two-day meeting begins today's politics, and although most market players do not believe that a change in interest rates is close, they are interested in reading the spin that the central bank puts on the latest news is optimistic. (more...)

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