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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

EURUSD Surges to Fresh Weekly High on FOMC Leak- Long Scalps Favored
The post FOMC rally shifts the focus higher in EURUSD amid diminishing bets for September liftoff. Here are the updated targets & invalidation levels that matter.
US Dollar Tumbles, Sees Significant Volatility on Leaked FOMC Minutes
The US Dollar rallied sharply but pulled back in a major way as the highly-anticipated minutes from the July US Federal Reserve meeting were leaked.
US Dollar May Rise as FOMC Minutes Boost September Rate Hike Bets
The US Dollar may rise if minutes from July’s FOMC sit-down boost expectations of an interest rate hike at the September meeting.
Enough Rate Speculation to Translate CPI, FOMC Minutes to USD Moves?
It is high profile event risk versus a seasonal trading lull.
NFPs, BoE and RBA Will Stir Volatility Even If Risk Trends Hold Steady
We are facing increasingly disparate market conditions and the facade of quiet will eventually falter.
Dollar Rising on Back of GDP and FOMC but Not Enough for Breakout
Dollar traders absorbed a back-to-back release of high profile event risk.
USDOLLAR Index Consolidates in Bull Flag Post-FOMC
Yesterday's FOMC turned out largely as expected, meaning today's US economic data will carry a bit more weight.
EUR/USD July Rebound at Risk on Hawkish FOMC
EUR/USD may continue to give back the rebound from earlier this month should the Federal Open Market Committee (FOMC) show a greater willingness to normalize policy.
Preview for FOMC Meeting and Trade Setups for USD-pairs
Will the Fed provide US Dollar bulls a reason to start the next leg up?
US Dollar Likely to Rise After FOMC Policy Announcement
The US Dollar is likely to rise after the FOMC policy announcement, with outsized volatility to follow if Yellen and company deliver a surprise rate hike.