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Week Ahead – Fed gets ball rolling in busy central bank week

From xm.com

{video}The coming week is loaded with central bank meetings to shake things up in the FX arena. Fed officials are almost certain to raise rates by half a percentage point, so markets will be driven mostly by their future projections. The Bank of England could also lift rates but strike a cautious tone. Nothing is expected in Japan, while Switzerland might disappoint those looking for immediate action. The Federal Reserve has long telegraphed a 50 basis points rate increase for Wednesday’s meeting, and another one of equal size next month. Markets have done their part and have fully priced in both moves, which means ... (full story)

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  • Category: Fundamental Analysis