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 »

We are witnessing a very powerful move in USD/JPY ahead of the FOMC rate decision. After falling to a low of 95.11 intraday, the currency pair has recovered all of its losses and then some. USD/JPY is now trading back within the Buy Zone, which i determine using Bollinger Bands with a strong hammer [...]

Posted in FOMC, Fed Rate Cut Expectations, Federal Reserve, forex blog, usd/jpy 1 Comment »

The Euro has surged to 1.3157, a six week high against the U.S. dollar. The currency pair’s strength is a big departure from the price action of the other majors currencies this morning, which have weakened across the board. The break of the old highs opens the door for a move above the [...]

Posted in Bernanke, FOMC, Fed Rate Cut, Fed Rate Cut Expectations, Federal Reserve, Forex, eur/usd, forex blog 7 Comments »

The biggest event risk this week is tomorrow’s FOMC rate decision and unfortunately the Fed could serve up a big plate of disappointment. Recent economic data has been mixed. The following chart which illustrates how economic data has changed since the January FOMC meeting and we can see that there have been improvements [...]

Posted in FOMC, Fed Rate Cut, Fed Rate Cut Expectations, Fed rate hike, Federal Reserve, forex blog 2 Comments »