Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account

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

EUR/USD to Carve Near-Term Top on Hawkish FOMC Minutes
The EUR/USD may extend the decline from the November high (1.2576) should the Federal Open Market Committee (FOMC) show a greater willingness to normalize policy.
EUR/USD, GBP/USD Attempt Reversals, AUD/USD Loses Channel Pre-FOMC
Should a dovish set of FOMC minutes be expected today?
US Dollar Gains as Foreign Demand Hits Record, FOMC Minutes on Tap
The US Dollar rose after a report showed net foreign purchases of long-term US securities hit a record high. Minutes from October’s FOMC meeting are on tap ahead.
Yen Looks Past BOJ Rate Decision, Falls as US Bond Yields Rise
The Japanese Yen looked past a status-quo Bank of Japan monetary policy announcement, with USDJPY rising to a 7-year high alongside a pickup in US Treasury yields.
Dollar Traders Whether FOMC Minutes Will Keep the March Towards Hikes
The Dollar put in for a mixed session Tuesday despite a stir in risk trends. Perhaps the upcoming FOMC minutes can
Video: Another Round of Event Risk for the Dollar, Yen and Pound
Will the collection of the FOMC minutes, BoE minutes and BoJ rate decision generate more heat - and in the expected direction -
Gold Topside Targets Favored on Dovish FOMC Minutes- 1170 Support
Gold prices are higher this week with the yellow metal rallying 1.11% to trade at $1189 ahead of the New York close on Friday.
USD Jumps against ZAR, PLN, & HUF Post FOMC Meeting
A more hawkish FOMC statement has placed pressure on emerging market currencies as the dollar jumps on renewed confidence.
Ranges Persist in USD-Pairs Post-FOMC Meeting
The FOMC threw the US Dollar a bone yesterday by leaving its name absent from its policy statement.
Dollar Surges as FOMC Ends Quantitative Easing
The US Federal Reserve ended its Quantitative Easing program and struck a fairly positive tone on future policy. Here's how we covered the Dollar reaction in realtime.