Flash: FOMC coming up, what’s in store? - OCBC

FXstreet.com (London) - Emmanuel Ng notes the FOMC coming up next week.

Key Quote:

“Going ahead, expect the dollar to remain under the weather with the latest disappointing non-farm readings predating the US fiscal shutdown and with expectations for a delay in a Fed-taper. As such, markets would be expecting a healthy amount of caution to emanate from next week’s FOMC”.

EUR/AUD zigzagging above 1.4310

EUR/AUD extends the sideways price action before the release of Australian data ahead of Tokyo’s opening.
Leia mais Previous

GBP/USD looking bullish?

GBP/USD has been building a constructive bullish signal throughout the day in a rising shoulder from the neck-line and is holding above 1.6160 support.
Leia mais Next