Will Bernanke Finally Announce a Scale Back of US Asset Purchases?
The market is on edge this week as it awaits the crucial news from the US on Wednesday as to whether the Federal Reserve will begin to scale back its $85 billion asset purchases programme. This week’s FOMC meeting will be the last for Chairman Ben Bernanke and there is optimism in the market that he […]
MARKET UPDATE: US Economy Optimism Boosts USD
The US dollar has been strengthening across most of the majors as optimism has flooded the market amidst growing speculation that the US Federal Reserve will trim the stimulus back as early as September this year. The market will be closely watching for further policy indications when Fed Chairman Ben Bernanke speaks on Wednesday, the […]
Forex Time Market Update
This week is an interesting time for currency and commodity traders with volatility expected in the markets due to several influential economic news announcements. The primary focus is on the US economy and whether it is truly strengthening. Employment data announcements this week are expected to have a critical impact on Federal Reserve President Ben […]