Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

Free Trading Guides
Subscribe
Please try again
Select

Live Webinar Events

0

Economic Calendar Events

0

Notify me about

Live Webinar Events
Economic Calendar Events

H

High

M

Medium

L

Low
More View More
Webinar: FOMC Preview- USD Majors in the Crosshairs Ahead of Yellen

Webinar: FOMC Preview- USD Majors in the Crosshairs Ahead of Yellen

Talking Points

  • Fed hike priced in- focus is on 2017 interest rate outlook
  • Updated targets & invalidation levels on USD crosses
  • Live Weekly Trading Webinars on Mondays on DailyFX at 13:30 GMT (8:30ET)

The FOMC interest rate decision is on tap this Wednesday with the central bank widely expected to hike by 25bps. The dollar crosses remain in focus heading into the release with the DXY responding to initial resistance at 101.69/75 early in the week. Key technical setups discussed on DXY, USDOLLAR, GBPUSD, EURUSD, AUDUSD, USDJPY, GBPJPY, EURAUD, USDCAD, Crude Oil, Gold and Silver. (Apologies for the audio issue today)

Relevant Data Releases

Other Setups in Play:

Looking for more trade ideas? Review DailyFX’s 2016 4Q Projections

---Written by Michael Boutros, Currency Strategist with DailyFX

Follow Michaelon Twitter @MBForex contact him at mboutros@dailyfx.com or Click Here to be added to his email distribution list.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES