FOMC is the main highlight this week – BBH

By FXstreet.com | June 17, 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”.



comments powered by Disqus
Related Forex Analysis
  1. GBP/USD upside remains corrective – Commerzbank
    Forex News

    GBP/USD upside remains corrective – Commerzbank

  2. USD/CHF shows recovery attempts, as it bottomed at 0.9340
    Forex News

    USD/CHF shows recovery attempts, as it bottomed at 0.9340

  3. EUR/USD Daily Outlook - September 19
    Investing

    EUR/USD Daily Outlook - September 19

  4. SEB:  More EUR/USD buying seen above 1.2943 - eFXnews
    Forex News

    SEB: More EUR/USD buying seen above 1.2943 - eFXnews

  5. USD/CAD at Risk for Larger Downside Correction on Sticky Canada CPI
    Forex News

    USD/CAD at Risk for Larger Downside Correction on Sticky Canada CPI

Trading Center