Forex Investment and Currency Trading

FOMC Meeting (June 24-25): Market expects the Fed to maintain its 2% funds rate target at this week’s 2-day FOMC meeting, the first time that it will keep the stance of monetary policy unchanged since last August. Its closely-watched statement will acknowledge a still weak economy and elevated
headline inflation, without tipping its hand as to the [...]

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Fading the market’s hawkishness
The retained view is that the current headwinds - to the banking system, consumer borrowing, housing prices, real personal income, and consumer net wealth - provide a formidable argument against the Fed hiking – at least anytime soon. With the market still pricing an almost certain Fed hike by September (92.8% [...]

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While the weak US housing market and associated credit crisis had a short-term impact on the USD, the more important impact is likely to unfold during the years ahead.
High levels of consumer debt service and reduced credit availability suggests a sluggish consumer spending recovery and a gradual rise in the US savings rate that should [...]

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