FOMC is the main highlight this week – BBH

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Guatemala) - The research team at Brown Brothers Harriman noted that the FOMC meeting is the week's highlight even though policy outcome seems a foregone conclusion.



Key Quotes:



“It will continue with the tapering course that Bernanke put on the Fed on before he left. However, there are more moving parts than usual, and it is worth reviewing”.



“Essentially, there are four elements of the FOMC meeting: composition, statement, forecasts and press conference”.



“Generally speaking, the composition changes have led most to see a slight dovish tilt”.



“The economy has largely unfolded as the Federal Reserve expected since the April meeting”.



“if the Fed has been too optimistic on growth, it has not been optimistic enough on employment”.



Related Forex Analysis
  1. EUR/USD: Bearish pressure to persist while below 1.24 - FXStreet
    Forex News

    EUR/USD: Bearish pressure to persist while below 1.24 - FXStreet

  2. Latest Promise of Easing from ECB Keeps Euro Rebound at Bay
    Forex News

    Latest Promise of Easing from ECB Keeps Euro Rebound at Bay

  3. Weekly Trading Forecast: Volatility Keeps Boiling in the FX Market
    Forex News

    Weekly Trading Forecast: Volatility Keeps Boiling in the FX Market

  4. Trading Video: Officials Trigger Volatility for Euro, Yen and Dollar
    Forex News

    Trading Video: Officials Trigger Volatility for Euro, Yen and Dollar

  5. Strategy Video: A Volatile Thanksgiving Week for FX?
    Forex News

    Strategy Video: A Volatile Thanksgiving Week for FX?

Trading Center