Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexEconomic EventsPress releases

Webinar: Fed Rhetoric to Keep USD Crosses in Focus Post-FOMC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/26/2016 | 08:45pm CET
DailyFX.com -

  • Setups in focus ahead off key event risk this week
  • Updated targets & invalidation levels
  • Looking for trade ideas? Review DailyFX’s 2016 3Q Projections

While the FOMC rate decision last week did charge a good deal of volatility, our outlook remains broadly unchanged on the USD crosses. Fed Fund Futures are still pricing in a December rate hike but on the heels of last week’s updated quarterly projections, the expected path of future hikes has flattened and continues to weigh on the greenback. The economic docket is rather light until later in the week but we do have a host of Fed & ECB officials slated for speeches.

Key technical setups discussed on USDOLLAR, GBPAUD, USDCAD, Crude Oil, NZDUSD, USDJPY, EURUSD, EURAUD, Gold EURGBP, GBPUSD & GBPJPY. Continue tracking these setups and more throughout the week- Subscribe to SB Trade Desk and take advantage of the DailyFX New Subscriber Discount.

Relevant Data Releases

Webinar: Fed Rhetoric to Keep USD Crosses in Focus Post-FOMC

Help fine-tune you entries, click here to learn more about the DailyFX Grid Sight Index (GSI)

Other Setups in Play:

  • GBP/AUD at Risk for Key Reversal Above 1.6977
  • CAD Rally Looks to CPI, Retail Sales for Fuel
  • NZD/USD: Near-term Range Braces for RBNZ; Key Resistance 7450
  • USD/JPY at Risk for Major Washout as Traders Gear Up For BoJ, FOMC

---Written by Michael Boutros, Currency Strategist with DailyFX

Follow Michaelon Twitter @MBForex contact him at [email protected] or Click Here to be added to his email distribution list

Join Michael for Live Scalping Webinars on Mondays on DailyFX and Tuesday, Wednesday & Thursday’s on SB Trade Desk at 12:30 GMT (8:30ET)


original source

© FXCM 2016
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
10:23pDJMaterials Up on Increased Risk Appetite, Weaker Dollar -- Materials Roundup
10:22p MEG WHITMAN : HP Enterprise CEO Meg Whitman steps down
10:20pDJTreasurys Strengthen Into Holiday
10:17pDJMexico to Raise Minimum Wage Above Inflation
10:16pDJEnergy Up on OPEC Bets -- Energy Roundup
10:16pDJNEWS HIGHLIGHTS : Top Financial Services News of the Day
10:15p ITC INTERNATIONAL TRADE CENTRE : Businesses from five Asian LDCs eye China trade links
10:15p DESTINATION DC : Washington, DC Expands its Partnership with WeChat to Cater to the Chinese Tourist Market
10:09p Tech gains lead Wall St. to record
10:09pDJNegotiators Still Far Apart on Crucial Issues In Nafta Talks
Latest news "Economy & Forex"