FOMC Meeting Minutes

FOMC Meeting Minutes

Rami
23 (11) 2016 - 12:55 (GMT)
0

Forex Market eyes heading today toward FOMC Meeting Minutes where some economist around the world expect this minutes to reveal signs toward Fed intentions to hike Interest Rate next meeting on December.

Such expectations spur demand for U.S Dollar against basket of major and exotics currencies since yesterday, while before that market will monitor the Durable Goods order that will release 1 hour from now, where some economist expecting to see big jump for this reading as the American company Boeing have received above average of orders to build 787s last month which may reflect higher reading for the Durable Goods today.

In general, the economist reading about the effect of the new American president Mr. Donald Trump over the U.S. Dollar is contradiction to each other, some of them seeing the government spending with 1 Trillion dollar for infrastructure with easing policy will lead for weaker dollar, while some seeing that such policy will lead for bigger growth with bigger Inflation which will push for sooner Rate Hike compared with other centrals banks policy which will lead for higher dollar.

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Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

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