The FOMC is not expected to make any significant policy changes. While Bernanke is certainly unimpressed from the situation of the economy, he did acknowledge that employment is improving, and the scenario of QE3 has little chances.
What can the Fed do? Here are 4 scenarios and the potential reaction for the US dollar.
First, let’s discuss the little chances of QE3. Employment is part of the Fed’s mandate and it has caused great worries. The fresh jobs report was great, once again. It included a gain of 227K jobs in February, and an additional 61K jobs from revisions of previous data.
Read the rest of the article [B][I][URL="http://www.forexcrunch.com/4-scenarios-for-the-fed-decision/"]4 Scenarios for the Fed Decision[/URL][/I][/B]
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.