FOMC not going to give us more - BBH

By | Updated July 28, 2014 AAA

FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman is expecting a non event from the FOMC this time around.

Key Quotes

"Despite the active US diary next week, the risk is we do not learn much new and that which we do learn is disappointing. Given Yellen's recent testimony before Congress and the absence of updated forecasts and a press conference, the FOMC meeting is likely to be a non-event."

"Minor tweaks in the statement and another $10 bln in tapering is expected. No more and no less."

You May Also Like

Related Forex Analysis
  1. Forex News

    EUR/USD slips to 1.1160

  2. Forex News

    Stay bullish on the USD – BAML

  3. Forex News

    EUR/USD eyeing 1.1097 – FXStreet

  4. Forex News

    EUR/USD drops close to five week lows at 1.1170

  5. Forex News

    Euro bearish, but avoid selling close to lows – SG

Trading Center