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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

Gold Erases Post-FOMC Rally, SPX 500 Rebounds to Set Monthly High
Gold prices turned sharply lower, erasing last week’s aggressive post-FOMC advance, while the SPX 500 rebounded after a pullback to set a new monthly high.
US Dollar Ready to Turn to Haven or Feed on FOMC Rate View
While the Dollar faces volatility, the medium-term fundamentals carry a positive slant whether general market conditions improve or deteriorate
GBP/USD Rally to Accelerate on Tighten Race Between BoE & FOMC
The near-term advance in GBP/USD may gather pace in the days ahead should the fundamental developments coming out of the world’s largest economy
Post-FOMC USD Decline Nearing Completion?
A projected slower interest rate hike path by the Fed has weighed on the US Dollar the past two days.
USD Shorts Remained Favored on FOMC Sell Off- Key Support 11,731
The dollar breakdown has responded to near-term confluence support post FOMC. Here are the updated targets & invalidation levels that matter.
USD/JPY FOMC Failure Contributes to Bearish Setup
EUR/USD Initially Moves Higher in Reaction to June FOMC Statement
The Federal Reserve downgraded its assessment of the US economy for 2015, ultimately hurting the US Dollar.
USD on Cusp of Breakouts vs. AUD, EUR, JPY as FOMC Meets
Today's FOMC meeting is critical to the US Dollar's chances of breaking out higher.
FOMC Analysis Should Include Risk Trends and Possibility of a Hike
Given the congestion both the Dollar and general 'risk' assets have found themselves in, traders are eager for FOMC-derived volatility.
USDOLLAR at Breakdown Line Before FOMC