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Forex blog posts about FOMC are presented here. You can click the selected excerpt's title to continue reading on 'FOMC'.

EUR/USD Fluctuates as Fundamentals Drag Down Both Currencies

May 16th, 2012

EUR/USD fluctuated today. The euro is still suffering from the crisis in Europe, while the dollar was weighed down by prospects of additional stimulus. Today’s reports from the US were good, but fears that the US recovery is not stable enough persist.

Housing starts were at the seasonally adjusted annual …

EUR/USD Stays Higher Even After FOMC Refrains from QE3

April 25th, 2012

EUR/USD was higher today as falling yields for European bonds had a positive effect on the market sentiment. The euro retained its gains even as the US Federal Reserve hasn’t mentioned quantitative easing in its monetary policy statement. Durable goods orders were also negative for the dollar, falling much more than …

EUR/USD Falls as FOMC Doesn’t Plan More Stimulus

April 3rd, 2012

EUR/USD slid today as the minutes of the FOMC monetary policy meeting showed that the Federal Reserve isn’t planning quantitative easing. The currency pair was trading sideways for the most part of the trading session, but slumped after the minutes were released.

Factory orders rose 1.3% in February. The actual value was somewhat …

EUR/USD Falls as FOMC Refrains from QE, Sees Economic Recovery

March 14th, 2012

EUR/USD fell yesterday and continued its decline today after the FOMC refrained from adding stimulus for the US economy, as some analysts expected it would do. Moreover, the Committee changed its assessment for pace of the US economic recovery from “modest” to ”moderate”. The news boosted the dollar that was already advancing …

EUR/USD Falls as Greece Argue with EU on Bailout

February 15th, 2012

EUR/USD declined today, following the advance in the beginning of the trading session, as European and Greek politicians are still bickering about the planned bailout for Greece. Greeks blame other European countries of having desire to throw the country out of the European Union, while other EU members blame Greece for not fulfilling its promises. …

EUR/USD at Monthly High as FOMC Pledges Keep Low Rates till Late 2014

January 25th, 2012

EUR/USD started today’s trading session flat and even began to head down, but rallied after a report showed declining pending home sales. The currency pair was further boosted after the Federal Reserve extended the target for exceptionally low interest rates from mid-2013 to late 2014.

Pending home …

Dollar Down on PMI & FOMC Minutes

January 3rd, 2012

EUR/USD jumped today as China’s and US Purchasing Managers’ Index rose, while global stocks rallied, reducing demand for the dollar as a safe currency. The minutes of the FOMC meeting indicated that committee members believe that more stimulative monetary policy may be required in the future.

ISM manufacturing PMI was at 53.9% …

EUR/USD Extends Slump for Second Day

December 13th, 2011

EUR/USD was trading flat at the beginning of today’s trading session, but in the second half of the session rapidly declined and remained weak as of now. The currency pair slid yesterday as Moody’s Investor Service warned about possible downgrade of the European countries’ credit ratings. The US retail sales report was worse than …

EUR/USD Jumps Up & Down on Mixed Fundamentals

November 22nd, 2011

EUR/USD was volatile today as the impact of concerns about Europe and the resulting demand for the dollar as a safe haven was negated by worries about the situation in the United States. The congressional deficit-reducing supercommittee failed to reach consensus on spending cuts required to tackle the budget shortfall. Despite the political impasse, rating agencies signaled that they …

EUR/USD Rallies as FOMC Keeps Rates Record Low

November 2nd, 2011

EUR/USD rallied today even though concerns about the planned referendum in Greece regarding the austerity measures required to get bailout rule the Forex market. The euro reversed its upward movement for a short time, but currently it resumed its rally. The Federal Reserve helped the currency pair buy keeping the interest …

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