Source: ForexYard
At FOREXYARD, we believe in keeping our clients prepared for potentially significant news events. As such, traders will want to pay careful attention to the FOMC Statement, set to be released today, September 13th at 16:30 GMT. As can be seen in the chart below, the Dow Jones took significant losses last month after the Fed announced an extension of their monetary stimulus program.
Don’t miss out on another opportunity to capitalize on market volatility!
Following last week’s disappointing US Non-Farm Payrolls, a number of analysts are predicting that the Fed will initiate a new round of quantitative easing todayto boost the US economic recovery. If so, the US dollar could take significant losses during the afternoon session. This is an excellent opportunity for forex traders to take advantage of potentially significant news, so don’t miss out!
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Forex Market Analysis provided by ForexYard.
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