- Analytics
- News and Tools
- Market News
- Jan FOMC: Powelling through – TDS
Jan FOMC: Powelling through – TDS
FXStreet reports that analysts at TD Securities (TDS) offer their afterthoughts on the January Fed monetary policy decision.
“Changes to the statement were relatively small, consistent with no near-term plans for policy changes. Nor did the chairman suggest a need for changes to current accommodative policy settings anytime soon. While he expressed some optimism about growth in the year ahead, he emphasized that the economy is a "long way" from the Fed's goals and talk of tapering is "premature."
“We maintain that near-term tactical risks favor a firmer USD and more focus may be placed on FX/equity correlations, which have only recently started to firm. Against this backdrop, the dollar bloc could lead losses, with AUDUSD looking rather precarious.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
