Trade65
18/06/2014
http://www.trade65.com/daily-market-review-june-18/ Finally,the day has come. The latest Federal Open Market Committee (FOMC) meeting minutes will be released later today. Despite the downward revisions to growth seen for the first quarter, the Fed is unlikely to waver from its course of tapering by USD 10 bln per month when the two-day meeting concludes today.
All this gives the idea the Fed will give some hints today, probably pointing to the increase of interest rate earlier than expected. Such scenario could be a positive sign for the USD, with major crosses like USD/CHF, USD/CAD and USD/JPY gaining following the FOMC. Dollar rivals like EUR and GBP could appear under some pressure if the FOMC goes in line with the expectations.
In any case, the FOMC releases due 6:00 pm GMT later today should subject the market to significant volatility.
Don't miss the opportunity to trade the FOMC report !
28/05/2014
http://www.trade65.com/daily-market-review-may-28/ - Gold and Silver plunged yesterday, as investors returned to the safety of US dollar. Economic optimism pushed the dollar index, which measures the greenback's strength against a basket of key currencies, to a high of 80.470. The Greenback is likely to be on the rise today, as optimism still prevails.
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