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Wednesday, September 21, 2011

DailyFX - Forex Market News

DailyFX - Forex Market News


FOREX: Pound Losses to be Limited on Dovish Bank of England Minutes

Posted: 20 Sep 2011 11:48 PM PDT

British Pound selling following the likely dovish set of minutes from September’s Bank of England monetary policy meeting will probably not prove lasting.

Bullish Dollar Index Forecast Hangs in the Balance Ahead of FOMC

Posted: 20 Sep 2011 10:35 PM PDT

Crude Oil, Gold and Silver Set Sights on Federal Reserve Policy Meeting

Posted: 20 Sep 2011 10:33 PM PDT

The outlook for oil, gold and silver rests on the outcome of the FOMC policy meeting. New aggressive stimulus is likely to push all three higher, and vice versa.

Greece-Troika Talks Showing Good Progress But FOMC to Overshadow

Posted: 20 Sep 2011 10:12 PM PDT

Risk appetite has returned to markets into Wednesday and some positive developments out from Greece have helped. But it is the FOMC rate decision due later that will really determine ultimate direction…

Dollar: How will the Greenback React to the Fed Decision?

Posted: 20 Sep 2011 08:41 PM PDT

We have finally come to the pivotal Federal Open Market Committee (FOMC) rate decision. Many traders will be looking at this particular event only for its immediate market-moving implications; but those that look too closely will miss the bigger picture of what this announcement could mean for the dollar and broader capital markets beyond the volatility impact.

Investors Brace for Bernanke- Dollar Index Drifts Ahead of FOMC

Posted: 20 Sep 2011 04:13 PM PDT

The Dow Jones FXCM Dollar Index (Ticker: USDollar) advanced 0.13% on the session amid extreme volatility in equities that saw stocks pare early gains in a vicious late-day sell-off. Now all eyes turn to Bernanke with the FOMC rate decision on tap.

Aussie Posts Largest Gains on RBA Tone, Calming Greek Worries

Posted: 20 Sep 2011 07:30 AM PDT

Comments that were less dovish than expected boosted the Australian Dollar in the overnight while worries of a Greek exit from the Euro-zone eased, for now.

Crude Oil, Gold Prices Rise in Anticipation of FOMC Announcement

Posted: 20 Sep 2011 04:59 AM PDT

Crude oil and gold prices are rebounding as the Federal Reserve begins a two-day monetary policy meeting, with hopes running high for another round of stimulus.
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