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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

Weekly Trading Forecast: FOMC, GDP, Greece and Much More Ahead
There is an avalanche of high-level event risk due in the week ahead. Be ready for the risk and opportunity.
Japanese Yen to Look Past BOJ Decision, Focus on Greece and FOMC
The Japanese Yen is likely to look beyond the BOJ policy announcement to focus on Greek funding matters and the outcome of the FOMC rate decision.
Dollar Ready to Reverse Should FOMC, GDP Give its Consent
The stage is set and the curtain is rising. The Dollar has wobbled these past weeks, but it hasn’t managed to turn its nine-month long bull trend.
Gold Plummets Alongside USD Ahead of FOMC- Key Support 1173
Gold prices fell for a third consecutive week with the precious metal off more than 2.17% to trade at 1177 ahead of the New York close on Friday.
Strategy Video: Are the Markets Heading Towards the Next Taper Tantrum?
Is the next phase for the actual tightening phase going to be more or less severe that the previous legs? ... We discuss this in today's Strategy Video
Video: Risk Reversal a Greater Danger Than Dollar Tumble Next Week
Which represents the greater risk and opportunity in the week ahead: a Dollar or risk-based reversal?
Trading Video: Choose Your Dollar View and Pair Wisely
Depending on timing and depth of the US Dollar retreat, there are opportunities for the bulls and bears. There is also event risk before the week closes to potential decide direct...
Video: USDollar Marks a Key Trend Break But Will EURUSD Feed a Turn?
The Dow Jones FXCM Dollar Index has marked a high-profile bearish break of its nine-month rising trend channel. Is this clearance for an immediate plunge for the benchmark currenc...
Dollar Skittish Below 12 Year High Risk, Monetary Policy Themes Heat Up
With the USDollar testing the 12-year highs established in March, the currency was once again faced with an important question:�is there enough conviction to extend the incredible...
Trading Video: ECB Decision and Chinese GDP Lead a Dense Docket
The event risk scheduled for the coming session may not offer the severe surprises but they may inherently have greater reach: Chinese GDP, an ECB rate decision, a Greek bond auct...