Forex Forecast: How Will Markets Trade Before and After FOMC?
• There is plenty of event risk this week, but the Fed rate decision will override it all
• The 'Taper' is priced in for many yield-sensitive assets, but there is a prominent holdout - risk
• US equities reveal why the global financial markets are still extremely exposed to the FOMC meet
Sign up for John’s email distribution list, here.
Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading. These sessions are held live every Monday at 16:30 GMT. The FOMC rate decision is finally upon us. Taper speculation has run rampant over the past weeks and months leading to large swings in many benchmarks including Treasuries and emerging markets. That has led some to believe that this event has been fully priced in or it could be a simple case of 'Sell the Rumor, Buy the News'. In this webinar, we discuss why it may not be that simple.
Find out what event risk can threaten the trade setups discussed in today's video with the DailyFX Economic Calendar.