Gold Eyes Toward FOMC minutes today

Gold Eyes Toward FOMC minutes today

Rami
27 (07) 2016 - 13:25 (GMT)
0

Financial Markets looking forward today ( especially Gold traders ) to Fed Rate decision today & FOMC statement to gather more clues about the future of Interest Rate on US Dollar

While most expectation heading toward Unchanged Rate Decision today the expectation is rising for another hike at the end of this year on December

Fed still facing head wind against rising Interest Rate due to low Inflation reading from US economy where Janet yellen ( Fed reserve Chair ) announced earlier this year that the continues strength over US labor market will shift eyes toward improvements over US economy Inflation to hike more rate .

And so most economist expecting Fed to hold Interest rate unchanged today while will monitoring FOMC statement to catch any clues about the future of the Interest Rate.

To see expectation movement for US-Index (  http://ramifx.com/?GLvZnj  )

To see expectation movement for Gold (  http://ramifx.com/?X750hs  )

× Blog short link: https://ramifx.com/?5w48Gs

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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