Jason Rogers
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All Eyes On FOMC for the Most Significant Rate Decision In Years
In his article today on DailyFX.com, currency analyst James Stanley talks about the much-awaited September FOMC meeting. Below are some highlights:
Summary:
In his article today on DailyFX.com, currency analyst James Stanley talks about the much-awaited September FOMC meeting. Below are some highlights:
S&P 500 moving into symmetrical wedge as we near FOMC
Past performance is not necessarily indicative of future results.
![market-talk-9-11-2015_body_Picture_1.png](/proxy.php?image=https%3A%2F%2Fmedia.dailyfx.com%2Fillustrations%2F2015%2F09%2F11%2Fmarket-talk-9-11-2015_body_Picture_1.png&hash=f6024390ce0375d493e6254d7518e9c7)
Past performance is not necessarily indicative of future results.
Summary:
- Global stocks begin to stabilize ahead of FOMC, as volatility levels are on the rise to reflect the tumult of the past 3 weeks.
- Risk trends have aligned with the ‘risk on’ or ‘risk off’ themes based around global economic weakness.
- More attractive markets may currently be seen in long USD against emerging market currencies from Mexico or South Africa.
USD/MXN now trading at support with an attractive risk-reward ratio
Past performance is not necessarily indicative of future results.
![market-talk-9-11-2015_body_Picture_2.png](/proxy.php?image=https%3A%2F%2Fmedia.dailyfx.com%2Fillustrations%2F2015%2F09%2F11%2Fmarket-talk-9-11-2015_body_Picture_2.png&hash=e4b9c3e9260df723e77576bd72c30b52)
Past performance is not necessarily indicative of future results.