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20 Feb 2013
Forex Flash: FOMC expected to show now change - BTMU
Derek Halpenny, European Head of Global Market research at the Bank of Tokyo Mitsubishi UFJ comments that the FOMC minutes will be released tonight for the meeting on 29th-30th January.
He feels that not enough has changed to expect any notable difference in FOMC views although there may be some comment over balance sheet expansion size and the need for close scrutiny in order to manage risks. He feels that the minutes are unlikely to be a mover for the markets.
He feels that not enough has changed to expect any notable difference in FOMC views although there may be some comment over balance sheet expansion size and the need for close scrutiny in order to manage risks. He feels that the minutes are unlikely to be a mover for the markets.