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

Euro, Yen Rally as Dollar, Equity Markets Slip at Start of FOMC Week
The Euro is reestablishing itself as a funding currency, offering itself as a liquidity haven during non-Euro-centric financial market volatility.
US Dollar Backtracks as FOMC Rate Decision Looms Ahead
The US Dollar retreated at the start of the trading week amid pre-positioning ahead of the much-anticipated FOMC monetary policy announcement.
Gold Pares Losses But Downside Looms Ahead of FOMC Meeting
Gold recovered in Asia trade after it crashed to a five-year low on Friday. WTI extended drop as US rig count increased for the third week
US Dollar Impasse Will be Broken by FOMC Meeting and GDP Update
How confident is the FOMC of its outlook for interest rates?
Leaked Fed Staff Forecasts Project Hike Pace Softer Than FOMC
The Federal Reserve’s staff forecasts were inadvertently published on the Board’s public website, and the outlook was surprisingly softer than the FOMC’s.
RBNZ Dovish Outlook Drops Yields, FOMC Meeting and Decision Up Next
Rate speculation is heating up on the back of the RBNZ rate cut, and ahead of the FOMC. Here’s what to watch.
RBNZ Decision Volatility Focus, Market Starts to Weigh in on FOMC
The market headed into the RBNZ decision expecting second consecutive rate cut. Meanwhile, the market is starting to weigh in on next week’s Fed decision. Here’s what ...
US Dollar Nears 12 Year High But It May Wait for FOMC’s Okay
The US Dollar advanced for the fourth straight week – a feat we haven’t seen accomplished since January when the currency was still in the midst of its strongest move ...
Post-FOMC Minutes USD Decline Nearing Completion? Déjà Vu!
The USDOLLAR Index's performance post-FOMC meeting may reveal what may be expected to play out in the days after said FOMC meeting minutes.
USD Breakout Takes a Breather as FOMC Minutes Loom
USDCAD continues to lead the broad USD-spectrum.