How will the Dollar and S&P 500 Respond to the FOMC?
We are finally upon the most important piece of event risk that the markets and investor sentiment have faced this year: the Fed rate decision. The build in interest for terms like "Taper", "QE3" and "Stimulus" is directly correlated to the market's dependency in ongoing Fed support and fear as to what happens when it is eventually withdrawn. In today's video, we focus on this central bank event by covering the potential outcomes, the subsequent market reactions and best trade setups for each scenario.
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.