18.03.15

Mar 18

FUNDAMENTAL ANALYSIS BY NSFX 18.03.2015

  • BY:
  • March, 18th, 2015 7:29 +00:00

Main event today is the FOMC meeting with its decision expected this evening.

Rates exptected to remain on hold at 0.25%, attention will focus on the wording of their statement, in particular regarding the use of   ‚patience‘.

Markets havent really priced in a hike yet.

Spot rates hardly moved in the wake of the upcoming meeting.

BOE minutes published this morning, no change expected.

Tensions are raised over Greece and the upcoming EU summit

 

EURUSD  1.0592     EURJPY  128.48    GBPJPY   179.02   USDJPY   121.31  Oil  44.69     Gold   1146.68