FX News

- The US Federal Open Market Committee (FOMC) announced it would NOT taper its Quantitative Easing purchases - Markets expected the Fed to taper its $85 billion/monthly purchases by $5-$10bn - Fed Funds rates expected to remain near zero until 2015 - The Read More →

- USDOLLAR Maintains Weekly Range Ahead of FOMC Announcement - British Pound Climbs to Fresh Month High (1.5978) on BoE Policy Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10603.64 10627.72 10599.11 -0.12 60.95% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 USDOLLAR Continues to Carve Higher Low; Read More →

Talking Points British Pound Unlikely to Find Lasting Volatility in BOE Minutes All Eyes on FOMC Result, $5-10 Billion QE Reduction Expected US Dollar’s Fate Hinges on “Taper” Outlook Beyond September Minutes from September’s Bank of England monetary policy meeting headline the economic calendar Read More →

Talking Points - BoE Minutes highlight quiet calendar. - Market volatility expected to remain low until post-FOMC. - Event risk is heavy the next two days starting in Europe. To keep up with the European data and news as the week goes forward, be Read More →

Talking Points: Dollar: Rally or Collapse Depends on FOMC’s Risk Read British Pound will US BoE Minutes to Compare UK to US Policy Japanese Yen Ready for FOMC Risk Reactions, Keep an Eye on BoJ Response Dollar: Rally or Collapse Depends on FOMC’s Risk Read More →

Talking Points: Dollar: Rally or Collapse Depends on FOMC’s Risk Read British Pound will US BoE Minutes to Compare UK to US Policy Japanese Yen Ready for FOMC Risk Reactions, Keep an Eye on BoJ Response Dollar: Rally or Collapse Depends on FOMC’s Risk Read More →