fomc

The two days FOMC meeting that began Tuesday and concludes with a statement and a press conference due later today. The central bank scheduled to issue its policy statement at 18.00 GMT. The investors will closely watch the press conference of U.S. Federal Reserve chair Jerome Powell for clues...

We have a very busy economic calendar, key events to watch: Federal Reserve, Bank of Japan and bank of England meetings, US and retail sales, Australia and UK employment report. Earnings to watch: Adobe and FedEx

This week is expected to be a remarkably busy one, the main attractions going to the Federal Reserve, Bank of Japan and Bank of England will hold their policy meeting later this week. U.S FOMC MEETING – SEPTEMBER 15-16, 2020 The Federal Reserve of the United States is the most important...

On the US-China front, China’s Commerce Ministry confirmed that it plans to hold trade talks with the US in the coming days. meanwhile, US Navy sailing in the Taiwan Strait is "extremely dangerous" and it is "not in line with the fundamental interests of China and the United States," the Chinese...

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US Dollar trades below 2-year low as Investors and traders now wait for the US Federal Reserve monetary policy meeting minutes due later in the day. During the last FOMC meeting, the central bank left the policy unchanged as expected, but Fed Chair Powell reiterated that they stood ready to...

It a big day for the US dollar and the Dollar index sitting near to key support level of $93.50. The traders and investors remained cautious of FOMC interest rate decision and the Fed Chair Jerome Powell press conference. Fed is expected to hold its federal fund's rate steady and the key focus...

EUR/USD climbed back to near the Monday high of 1.1780 ahead of FOMC rate decision. Any break above 1.1780 the next immediate resistance at 1.1810/30. On the downside, the first support to watch 1.1700 (Tuesday low) followed by 1.1650.