Special report: FOMC Preview – Policy Limitations
The FOMC policy decision is upon us and the market will be watching closely to see how the event unfolds. While no change is expected on rates, it will be the monetary policy statement that is scrutinised for any signs of the Fed leaning a little more hawkish and potentially signaling a rate hike in September.
Next 24 hours: Digesting Fed, Looking Ahead to BOJ
Most of the price action over the coming sessions will revolve around digesting the Fed policy decision and tone of the accompanying monetary policy statement. Clearly, there has also been a lot of attention on the Yen, with many seeing Friday's BOJ as the bigger event risk. A batch of German data stands out on Thursday.