Posts Tagged ‘fomc’

Dollar Jumped Up on FOMC

by Forex Rooton September 17, 2014 6:09 pm BST
The dollar rose to a six-year high versus the yen amid speculation on whether the Federal Reserve will change its pledge in a policy statement to keep interest rates low for a “considerable time.” The Fed’s Open Market Committee (FOMC) will conclude its regular two-day policy meeting later in the session and is likely to […]

USDJPY Heads For Its Biggest Weekly Drop

by Forex Rooton July 11, 2014 12:41 pm BST
USDJPY heads for its worst week since April as Treasuries rose on bets the central bank will keep interest rates lower for longer. A gauge of the dollar was poised for its fourth loss in five weeks after minutes of the Fed’s June meeting failed to provide additional insight on the pace of rate increases, […]

XAUUSD Rises After FOMC Minutes

by Forex Rooton July 9, 2014 7:38 pm BST
XAUUSD for immediate delivery rose 0.4 percent to $1,329 an ounce at 2:33 p.m. New York time. The precious metal jumped 70 percent from December 2008 to June 2011 as the Fed bought debt and cut interest rates to a record in a bid to boost the U.S. economy. The central bank trimmed its monthly […]

Dollar Snapped a Three-day Drop agains Yen Before FOMC

by Forex Rooton July 9, 2014 1:07 pm BST
The dollar rose 0.1 percent to 101.69 yen at 7:44 a.m. New York time after reaching 101.45 yen, the weakest since July 2. The dollar was little changed at $1.3607 per euro. The Japanese currency was at 138.36 per euro, also little changed. The Fed will publish today minutes of its June 17-18 meeting, when […]