All of the major currencies are trading quietly ahead of the Federal Reserve’s monetary policy announcement. The U.S. dollar is slightly lower which implies that investors are wary of how much support the central bank will provide to the greenback. Lets take a look at the various FOMC events scheduled for today and what forex traders should expect. 2pm ET / 18 GMT - FOMC Statement and Federal Reserve Economic Projections The Federal Reserve will release its monetary statement 15 minutes earlier this usual to accommodate for the press conference 30 minutes. Expect only minor tweaks to the statement relating to the ... (full story)