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Federal Open Market Committee (FOMC)

FOMC (Federal Open Market Committee) is the branch of the United States Federal Reserve that determines the course of monetary policy. FOMC announcements inform everyone about the US Federal Reserve’s decision on interest rates and are one of the most anticipated events on the economic calendar. The FOMC may decide to increase, decrease or keep interest rates steady, having a tremendous effect on currency values. The FOMC’s Board of Governors is composed of seven members and five reserve bank presidents.

FOMC News & Analysis

Dollar Rally Post-FOMC Bolstered by Surprise SNB Action
Market participants would be wise not to dismiss the possibility of a Fed rate hike in June 2015.
EUR/USD: Trading the Federal Open Market Committee (FOMC) Meeting
The Federal Reserve interest rate decision may spur a bearish reaction in EUR/USD as market participants look for a more hawkish twist to the forward-guidance.
USD/JPY Bearish Formation in Focus Ahead of FOMC, BoJ Meetings
The bearish formation in USD/JPY may continue to take shape over the near-term should the Fed & BoJ interest rate decisions drag on risk appetite.
FOMC Preview and Trade Setups in EUR/USD, USD/JPY, AUD/USD
Here's a look at key technical levels across the USD-spectrum, as well as an overview of what the Fed might say.
US Dollar, Yen May Rise on Hawkish Shift in FOMC Rhetoric
The US Dollar and the Japanese Yen may rise as a hawkish tone shift in FOMC rhetoric boosts bets on a sooner Fed rate hike and weighs on risk appetite.
Crude Remains At Risk On US Inventories, Gold Braces For FOMC Decision
Crude oil may remain under pressure if upcoming US Inventories Data feeds supply glut concerns, while gold faces significant volatility on the back of the Fed decision.
Price & Time: Key Levels to Watch Ahead of the FOMC
Index testing key downside threshold...
Dollar’s Six-Month Bull Trend Rides on FOMC
The Dow Jones FXCM Dollar Index (ticker = USDollar) dropped this past week for the first time since the mid-October, market-wide slump.
Gold Rally Vulnerable to Hawkish FOMC - $1237 Key Resistance
Gold prices are markedly higher this week with the precious metal rallying 2.5% to trade at $1222 ahead of the New York close on Friday.
Australian Dollar May Drop Out of Range on FOMC, RBA Minutes
The Australian Dollar may break out downward as the FOMC policy announcement and minutes from December’s RBA meeting fuel policy divergence bets.