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

    Forex Sentiment & Volume Analysis - EURUSD

  2. Forex News

    Forecast: Dollar Faces NFPs, Euro Anticipating Greece and Risk Languishes

  3. Forex News

    Fed Fear Builds USD, Greece Unnerves the Euro but S&P Yet to Collapse

  4. Forex News

    A glance at the strong dollar and implications - BBH

  5. Forex News

    EUR/USD: Extraordinary price action - Rabobank

Trading Center