Here is my dissection of the March 16 Fed Statement
FOMC Statement March 16, 2010
Information received since the Federal Open Market Committee met in January suggests that economic activity has continued to strengthen and that the labor market is stabilizing ( upgraded “from deterioration in the labor market is abating”). Household spending is expanding at a [...]

Posted in FOMC, FOMC Minutes, Fed Rate Cut, Federal Reserve, forex blog No Comments »

What is the difference between the Discount Rate and the Fed Funds Rate?
On Thursday February 18th, the Federal Reserve surprised the markets by raising the discount rate by 25bp to 0.75 percent, sending the U.S. dollar sharply higher against all of the major currencies. Although the Fed went out of their way to say [...]

Posted in Federal Reserve, Forex, eur/usd, forex blog 9 Comments »

I was on CNBC Squawk Box Australia this evening talking about the implications of the Fed’s discount rate hike on the forex markets.

Posted in Fed rate hike, Federal Reserve, Forex 1 Comment »

I published a full analysis of the FOMC meeting on FX360.com but here’s a visual breakdown of the changes to the latest FOMC statement.

Posted in FOMC, Federal Reserve, forex blog No Comments »

I was on Bloomberg TV before the rate decision talking about the outlook for the U.S. dollar. Enjoy!
Here is my Instant Insight to the FOMC Announcement.

Posted in 2009 us dollar forecast, Bloomberg, Federal Reserve 5 Comments »