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  • FOMC Statement: - Asset purchases of $80b in Treasuries and $40b in Agency MBS to continue at current pace - Purchases will continue until "substantial further progress" has been made toward employment and inflation goals #Fed #FOMC $USD
  • FOMC Statement: - Ongoing health crisis will continue to weigh on economic activity, employment, and inflation in near term - Still poses considerable risks to the economic outlook in the medium term #Fed #FOMC $USD
  • FOMC Statement: - Pace of recovery in economic activity and employment has moderated in recent months - Path of economy depends on course of virus and progress on vaccinations #Fed #FOMC $USD
  • FOMC unsurprisingly leaves rates unchanged but weakens the language around the pace of recovery as they see growth moderating in recent months and in the future
  • FOMC: - Leaves interest rates unchanged at 0.00-0.25% as expected - No changes to pace of asset purchases #Fed #FOMC $USD
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Forex Analysis: Australia GDP (3Q) - 12.05.2012

Forex Analysis: Australia GDP (3Q) - 12.05.2012

Ilya Spivak, Head Strategist, APAC

--- Created by Ilya Spivak, Currency Strategist for DailyFX.com

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