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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

US Rate Speculation Versus a Tumultuous World of Fundamentals
The week ahead is the antithesis of what we have come to expect from December.
US Dollar Wobbles But Fed Speculation and Liquidity Keep a Bid
The US Dollar this past week thwarted what could have been a nasty reversal that changed the balance of sentiment.
Major Central Banks Echo Concerns About Global Economy
The health of the global economy has found its way into the major central banks’ official statements when deciding the course of their respective monetary policy decisions.
Buy the Dip in USD Viable as FOMC Minutes Provoke Profit Taking
Central bank commentary will be especially important into the end of the week.
Silver Price Trend Remains Bearish, As FOMC Minutes Don’t Surprise
The silver price clawed back some of its losses on the aftermath of the FOMC minutes, but silver remains in a downward trend below the November 16 high of $14.44
Watch the recording of John Kicklighter's coverage of the FX market's reaction to the FOMC minutes.
Trading Video: Dollar Fails to Rally on Hawkish FOMC, Equities Rally
With a slip from the Dollar and charge by the S&P 500 back above the 200-day moving average, it would seem that this past sessions top event risk (the FOMC minutes) curbed the ...
Among Top Themes, Where is the Risk Most Potent: Fed Hike, China, EM?
Over the past two weeks, we have seen a significant adjustment to the potential of a December Fed rate hike.
US Dollar Declines as FOMC Minutes Bring Nothing New to the Table
The Dow Jones FXCM US Dollar Index declined after the Fed’s minutes from the October meeting mostly reinforced the central bank’s monetary policy tone.
US DOLLAR Technical Analysis: USD Holds Support on FOMC Minutes
The US Dollar remains a buy-the-dip currency as the US Dollar sits atop the G10 after the FOMC Minutes.