CURRENCY
STRENGTH METER

   

ECONOMIC
NEWS

   

FOREX
NEWS TRADING

   

FOREX
LIVE TRADING

   

FOREX
EDUCATION

   

FOREX QUESTIONS
& ANSWERS

 
 
   
3rd Party Advertisement

Advertise Here  

Bernanke

Detailed FOMC Meeting Analysis For November 3, 2010

by Henry Liu on November 2, 2010

FOMC will be releasing a statement along with the Federal Funds rate decision today, and it is very likely that the long anticipated QE 2, or second round of quantitative easing will be announced today.

Out of 56 economists surveyed by Bloomberg, 53 stated that an announcement of sort on QE will take place tomorrow, while 3 disagreed. However, don’t be fooled by the majority rules in this case, because this is where it ends… Out of the 53 that agreed, only 29 believed that the Feds will announce a 500 Billion initial purchase, while 7 predicted a modest announcement of 50 to 100 billion of monthly purchases, with the rest (17) remain undecided.


5 comments


The FOMC will be releasing a statement regarding future monetary direction along with the Federal Funds Rate decision, which is expected to be kept at the current level of 0.25%.

The focus of the market in the past few weeks has been on the speculation of further monetary easing by the Feds in the form of expanding its balance sheet by introducing another Quantitative Easing measure, or QE II (II being the second one).


12 comments


FOMC is going to release its short-term interest rate decision today and most analysts agree that FOMC will keep current rates unchanged especially after the series of worse than expected economic data during the past few weeks, including the disappointing NFP (Nonfarm Payroll) Employment last Friday.

Forex Trade Plan For Federal Funds Rate   08/10/10 fedfund0809 300x225

However, even though there is no chance for a surprise rate change, as predicted by the chart left, (0.0%~0.25% is about 100% probability) the real focus is still on the FOMC statements on future monetary policy.


3 comments


US FOMC Federal Funds Rate Analysis 06/23/10

by Henry Liu on June 22, 2010

US FOMC Federal Funds Rate Analysis 06/23/10 fedfundfuturejune10 FOMC is going to release its short-term interest rate decision today and most analysts agree that FOMC will keep current rates unchanged especially after the series of worse than expected economic data during the past few weeks, including but not limited to housing, employment, and retail sales.


Be the first to comment


US FOMC Federal Funds Rate Analysis – 04/28/10

by Henry Liu on April 27, 2010

US FOMC Federal Funds Rate Analysis   04/28/10 FedFundFutureApr10 FOMC is going to release its short-term interest rate decision today and most analysts agree that FOMC will keep current rates unchanged until at least Q3 or Q4 of this year, if not 2011, despite of recent positive economic releases in the Housing, Employment, and Retail sectors. 


Be the first to comment


US FOMC Federal Funds Rate Decision 3/16/2010

by Henry Liu on March 15, 2010

US FOMC Federal Funds Rate Decision 3/16/2010 marchfff 2:15pm (NY Time) US FOMC Rate Decision Forecast 0.25% Previous 0.25%
ACTION: USD/JPY BUY 0.50% SELL <0.25%

FOMC is going to release its short-term interest rate decision and mosts analysts agree that FOMC will keep current rates unchanged until at least Q3 or Q4 of this year, if not 2011. Federal Reserve needs more economic data to justify a surprise hike in the interest rate, and judging from the past 3 months of NFP releases, we are not quite yet there. 


1 comment


New Zealand RBNZ Official Cash Rate 01/27/10

by Henry Liu on January 26, 2010

3:00pm (NY Time)  RBNZ Rate Decision   Forecast 2.50%    Previous 2.50%
ACTION: NZD/USD        BUY 2.75%     SELL Unchanged

3rd Party Advertisement Advertise Here

RBNZ is once again expected to keep rates unchanged at the current level of 2.50% in this meeting, as unanimously agreed by all economists surveyed from different news companies.  As a matter of fact, aside from the bullish statement during last RBNZ rate decision from Governor Bollard, there seems to be no other fundamental reasons supporting a rate hike for NZD in the near future.


Be the first to comment