Forex headlines for July 9, 2014: FOMC Minutes: Sees QE ending in October if current outlook holds Many participants want to end portfolio reinvestments after first rate rise Some Fed officials saw investors too complacent on risks ECB’s Draghi: Governing … Continue reading
After years of fighting it, Congress finally submitted to insider trading laws with the STOCK Act in 2012 but not before significantly watering it down. Now, they’re simply refusing to play ball. A change in Medicare policy in April 2013 … Continue reading
Comments in London: Council united in commitment to using “unconventional instruments” if needed Exchange-rate behavior among threats to prices Similar stuff to the ECB press conference but it’s a reminder of just how dovish the ECB is.
The US dollar bulls hung their hats on the hope they could find a hawkish headline in the FOMC minutes and make it stick but there wasn’t much there. Now the US dollar is wilting and cable is looking to … Continue reading
The initial FX reaction to the FOMC minutes suggested a hawkish turn from the Fed but there isn’t much there. Here are three reasons to have bought the US dollar after the news but it’s arguable whether any of them … Continue reading
Full text of the FOMC minutes from June 17-18: Developments in Financial Markets and the Federal Reserve’s Balance Sheet In a joint session of the Federal Open Market Committee (FOMC) and the Board of Governors of the Federal Reserve System, … Continue reading
Highlights of the minutes of the June 17-18 FOMC meeting: Most on Fed saw broadly balanced jobs, growth and inflation risks Some participants concerned that persistent low inflation in Europe and Japan could erode inflation expecations Some Fed officials saw … Continue reading
Reading through all the commentary on the FOMC minutes, one thing is abundantly clear — everyone is worried about hawkish commentary. With economic data picking up there are only two paths for the Fed, neutral or more hawkish. So far … Continue reading
We often write about FX options expiries here but trading in FX options is booming and lots of traders want to know more. My friend Sascha at FXDD’s options desk writes about FX options and notes that USD/JPY traders are … Continue reading
The US sold $21 billion 10-year notes in the month auction: The notes were trading at 2.585% on the bid side in the when issued market just before the sale The most recent T-note sale was 2.648% at the June … Continue reading
ForexLive Americas coverage captures all the forex news that can impact FX traders in this region. Get the top global bank news and politics from North and South America. Check in with our Forex news Americas coverage daily and keep up with our live updates to give your forex trading strategy an edge. Trading in realtime isn't easy so you need to have all the facts, data and information necessary to make FX trading decisions on American trading pairs in the region quickly. Get trading technical analysis tips on the Americas and find out ways to trade the news to your advantage. Whether it's the Canadian dollar, the U.S. dollar or the Mexican peso, you'll find all the news you need to know right here.