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EUR/USD- Trading the Fed Open Market Committee (FOMC) Meeting

Trading the News: Federal Open Market Committee Meeting What’s Expected: Time of release: 07/31/2013 18:00 GMT, 14:00 EDT Primary Pair Impact: EURUSD Expected: 0.25% Previous: 0.25% DailyFX Forecast: 0.25% Why Is This Event Important: Beyond the Federal Open Market Committee’s (FOMC) interest rate announcement, further details surrounding the Read More →

Gold, Crude Oil to Rise if FOMC Rhetoric Proves Dovish

Crude oil and gold prices are likely to rise if the Federal Reserve opts to offset worries about a cutback in QE with a dovish change in forward guidance. Talking Points Commodities to Rise if FOMC Opts for Dovish Shift in Forward Read More →

Steady Unemployment and Inflation Fails to Impress Euro Traders

THE TAKEAWAY: Euro-zone unemployment remained at a record high in June -> Annual inflation continues at 1.6% -> Little Euro reaction- Want to trade with proprietary strategies developed by FXCM? Find out how here. The Euro-zone unemployment rate remained unchanged at an Read More →

US Dollar: How Will Markets Interpret the FOMC Policy Announcement?

The US Dollar is likely to look to the presence of changes in the Fed’s forward guidance as the key consideration in judging the FOMC policy announcement. Talking Points US Dollar to Judge FOMC Outcome Based on Change in Forward Guidance Euro to Read More →

Dollar Strategies for US GDP, Fed Rate Decision Impact

Dollar Strategies for US GDP, Fed Rate Decision Impact Euro Unresponsive for In-Line Spain GDP, ECB Within Sight Australian Dollar Extends Tumble after RBA’s Stevens Ruminates on Further Cuts Japanese Yen Crosses Find Little Lift from Jobs Surge, Earnings on Tap Swiss Franc Advances Read More →

GBPUSD Carves Top Ahead of Fed, BoE- Scalps Bearish Below 1.53

Forex_GBPUSD_Carves_Top_Ahead_of_Fed_BoE-_Scalps_Bearish_Below_1.53_body_Picture_2.png, GBPUSD Carves Top Ahead of Fed, BoE- Scalps Bearish Below 1.53
Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPUSD Correction halts at primary objective resistance range 1.5395-1.5435 Broader outlook remains bearish sub-1.5550/77 (50% Read More →