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

Related Forex Analysis
  1. Forex News

    Euro Flounders at Yearly Lows as Likelihood of ECB QE Increases

  2. Forex News

    Weekly Trading Forecast: How Far can the Dollar Go in 2014?

  3. Forex News

    US session recap: USD index and stocks rally for record highs

  4. Forex News

    US Dollar Targets Fresh Highs versus Euro, but What Could Change?

  5. Forex News

    A calm and holy night or a snowstorm of volatility? – ING

Trading Center