Trading the News: Federal Open Market Committee Interest Rate Decision What’s Expected: Time of release: 06/20/2012 16:30 GMT, 12:30 EDT Primary Pair Impact : EURUSD Expected: 0.25% Previous: 0.25% DailyFX Forecast: 0.25% Why Is This Event Important: Although the Federal Open Market Committee is widely expected to maintain its current policy in June, the...
Fundamental Headlines - Americans Say They’re Better Off Since Obama Took Office – Bloomberg - Statement by IMF Managing Director on G20 Leaders Summit – IMF - Greece Reaches Deal to Form Government – WSJ - The Same Song and Dance for the Fed – WSJ - Forget EURIBOR and Basis-Swaps; EUREPO Curve Signals...
HONG KONG–(Marketwire -06/20/12)- This morning, www.MarketFoundations.com announced new reports highlighting ConocoPhillips (COP) and Baxter International Inc. (BAX). Free research downloads are available at www.MarketFoundations.com/index.php?coa=COPcob=BAX. With markets in correction mode, investors are looking to quantify an accurate model, weighing positives and negatives of the months ahead. Upcoming negative pressures include China’s slowdown, the European recession,...
For trade setups, please refer to Currency Strategist Michael Boutros’ and Currency Analyst David Song’s report “EURUSD: Trading the FOMC Interest Rate Decision” It is widely anticipated at the Federal Open Market Committee rate decision today that the Fed Funds rate will be kept unchanged between 0.00 and 0.25 percent. While the rate decision...
HONG KONG–(Marketwire -06/20/12)- This morning, www.MarketFoundations.com announced new reports highlighting Abbott Laboratories (ABT) and Amgen, Inc. (AMGN). Free research downloads are available at www.MarketFoundations.com/index.php?coa=ABTcob=AMGN. With markets in correction mode, investors are looking to quantify an accurate model, weighing positives and negatives of the months ahead. Upcoming negative pressures include China’s slowdown, the European recession,...
By Noah Barkin LOS CABOS, Mexico (Reuters) – In the mid-1990s, Helmut Kohl was asked how he ever hoped to convince Germans to give up the deutsche mark for a nebulous new currency that was later dubbed the euro. “It will happen,” the chancellor shot back. “The Germans accept strong leadership.” Nearly two decades...
Gold Silver – Daily Outlook June 19 Gold and silver started off the week on a negative note as both precious metals rates edged down. The EURUSD also slipped. The results of the Greek elections, in which the pro bailout party had won, didn’t seem to impress forex and commodities traders. All eyes in...