9 Apr 2014
EUR/USD: waiting for FOMC minutes
FXStreet (Edinburgh) - Currency Analyst Valeria Bednarik at FXStreet expects the EUR/USD to extend the tight range ahead of today’s FOMC minutes.
Key Quotes
“The Asian session has left markets pretty much unchanged from Tuesday US close, as local stocks markets managed to stay put after latest selloff”.
“The market is also on hold as later on the US afternoon, the FOMC will unveil de Minutes of its latest meeting: there’s not much to expect from them, as the Federal Reserve will likely maintain the course with its monthly $10B taper and no clear date for a rate hike sometime in the future”.
Key Quotes
“The Asian session has left markets pretty much unchanged from Tuesday US close, as local stocks markets managed to stay put after latest selloff”.
“The market is also on hold as later on the US afternoon, the FOMC will unveil de Minutes of its latest meeting: there’s not much to expect from them, as the Federal Reserve will likely maintain the course with its monthly $10B taper and no clear date for a rate hike sometime in the future”.