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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

Video: When and How Will the Dollar Break its Congestion
The 10-day rate of change on the USDollar is lowest we've seen in four months. While the medium-term view is still favorable, the short-term has wrung much of the premium out of t...
Gold Responds to Key Support Range As FOMC Softens Rhetoric
Gold prices are lower for a fourth consecutive week with the precious metal off more than 2.4% to trade at $1199 ahead of the New York close on Friday.
USDOLLAR Back in Pre-FOMC Range - Will Greece Deal Stoke EUR/USD?
The Euro hasn't seen a relief rally around recent headlines about Greece.
EURUSD Faces Break on Another Greece Deadline, Dollar Reversal Risk Lingers
Ahead, we have another round of event risk that will agitate key fundamental themes behind the FX and capital market. Traders will need to keep close watch on the volatility and t...
Video: Correction or Reversal, Trading the Dollar Stumble
Corrections and reversals are inevitable in normally functioning markets. Dollar is with a pullback this past session that has put pressure on a seven-month USDollar trend
Strategy Video: Will NFPs and the RBA Move Markets More than the FOMC?
Will Friday's NFPs and this morning's RBA rate decision struggle to generate volatility and momentum like last week's FOMC policy update?
Trading Video: Dollar Reaction to FOMC Reserved, S&P 500 Takes a Hit
Short-term volatility was surprisingly restrained this past session given the significant fundamental developments.
Strategy Video: Where Does the Dollar Go From Here?
Against a sea of dovish sentiment and policy shifts, the Fed has taken the unusual step of keeping its course towards its first rate hike since 2006.
Dollar Reaction to FOMC Muted On Balanced Statements
Fed doesn't shock traders, USD movement muted.
Price & Time: Key Levels to Watch Ahead of the FOMC
Yearly opening range break looming in the indices?