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.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
FOMC Distracts but Systemic Issues and Key Event Risk on Hand

FOMC Distracts but Systemic Issues and Key Event Risk on Hand

John Kicklighter, Chief Strategist

Talking Points:

• Top event risk for the week is Wednesday's FOMC rate decision

• A change in the influence of monetary policy on markets is already underway, defined by odd ECB and BoJ market response

• Other key policy decisions this week include: BoJ, SNB, BoE, the Russian, Mexican, Norwegian and South African calls

What are the Traits of Successful Traders? See what our studies have found to be the most common pitfalls of retail FX traders.

Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading. Monetary policy is the theme for the markets this week. There are plenty of monetary policy meetings for Japan, Switzerland, the UK, Russia, Mexico, South Africa and Norway. However, the ability to draw the entire market resides with Wednesday's FOMC rate decision. A hike is unlikely at this meeting given data trends and central bank rhetoric, but a suggestion that more than one additional upgrade this year would catch many dovish observers offguard. What's more, given the unusual market reactions at the most extreme dovish end of the policy curve (particularly with the ECB and BoJ); the fundamental landscape is shifting. We discuss the event risk and its deeper implications in this webinar.

To receive John’s analysis directly via email, please SIGN UP HERE

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

DISCLOSURES