FOMC minutes analysed - BBH

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman notes a pint within the FOMC minutes that is not very clear.



Key Quotes



"There is much discussion about a point in the FOMC minutes that suggest some interest in possibly rejigging the Fed funds rate that the Fed policy has emphasized”.



“The thought is that it could include more transactions that just Fed funds proper, such other types of loans and Eurodollars.



“The FOMC minutes make it appear that this is still a work in progress, and the Fed does not seem very close to making a decision about it."



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    Weekly Trading Forecast: Expect Heavy Seas Between NFPs, ECB and RBA

  2. Forex News

    Trading Video: Expect Volatility for the Dollar, Equities, Euro...Everything

  3. Forex News

    FX CFTC report - TDS

  4. Forex News

    CFTC Commitment of Traders Report - TDS

  5. Forex News

    2,800 pips later, EUR/USD trades below 1.1200; bias continues bearish

Trading Center