XM does not provide services to residents of the United States of America.

XM does not provide services to residents of the United States of America.

FOMC

  1. XM
  2. FOMC
post-image

Asian Session – Dollar mixed ahead of key Fed rate decision

Posted on September 17, 2015 at 7:20 am GMT

The dollar was trading mixed during the Asian session, as it was weak against currencies such as the euro and the pound, but positive risk sentiment and rate hike expectations – eventually if not today – boosted it against the yen. The market appeared to be going into the Fed meeting expecting that rates will remain at zero. Even if the Fed refrains from raising interest rates however, a rate hike is highly likely before the end of the year. [..]

post-image

Week Ahead – All eyes on FOMC meeting; crucial inflation and retail sales data before then

Posted on September 11, 2015 at 12:00 pm GMT

It will be a nervous start to the week for investors as markets anxiously await the Fed’s policy meeting decision next Thursday. Mixed US economic data and global economic uncertainty have kept markets guessing as to whether the Fed will raise rates next week. Recent events have lowered expectations of a rate hike but Fed policymakers have kept the door open. Before then, there is plenty to keep the markets busy with key data out of China and the Bank [..]

post-image

Asian Session – Euro firmer but yen falls on Japan PM Advisor comments

Posted on September 11, 2015 at 7:36 am GMT

Asian equities opened higher on Friday after US stocks closed up on Thursday. But shares in Tokyo and China reversed earlier gains to head to negative territory. The dollar was mixed in Asian trading as it was weaker against the pound and the euro but firmer against the yen. Comments on Thursday by Kozo Yamamoto, an advisor to Japan’s prime minister, raised expectations that the Bank of Japan might ease monetary policy. Yamamoto said that the Bank of Japan’s October [..]

post-image

Asian Session – Fed says conditions for rate hike ‘approaching’ but worried about low inflation, dollar falls

Posted on August 20, 2015 at 7:45 am GMT

The dollar fell against major currencies on Wednesday after the Fed published the minutes of the FOMC meeting in July. The Fed sounded concerned on the persistently low inflation levels and was only ‘reasonably confident’ that inflation would return to the 2% target in the medium term. Some within the FOMC were more doubtful though on the inflation outlook, citing downside risks such as further falls in oil and commodity prices, further appreciation of the dollar and the lack of [..]

post-image
post-image

Fed upbeat on jobs but September move uncertain due to low inflation

Posted on July 29, 2015 at 8:03 pm GMT

The Federal Open Market Committee (FOMC) concluded its two-day meeting on Wednesday by keeping its policy unchanged. Markets were not expecting any changes but were hoping the Fed would provide stronger signals on the possible timing of an interest rate increase. With July being the last meeting before September, which is widely tipped as the most likely date for a rate move, investors were left disappointed on the lack of clear signals by the FOMC. While the Committee sounded more [..]

post-image
post-image
post-image

Asian Session – Dollar pulls back ahead of Fed decision; euro jumps back above 1.10

Posted on July 27, 2015 at 7:20 am GMT

The dollar index started Monday’s Asian session lower as it was dragged down by losses on Wall Street on Friday. Falling bond yields also weighed on the dollar. Weaker-than-expected new home sales figures from Friday did not help the greenback either, which overshadowed strong manufacturing PMI data. The dollar has been steadily weakening against the yen for the past week and was trading at 123.45 in late Asian session. The euro, which has been benefiting from the pause in the [..]

post-image

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.