Jan 27

FUNDAMENTAL ANALYSIS BY NSFX 27.01.2016

  • BY: Nati
  • January, 27th, 2016 12:40 +00:00

Good afternoon,

Today the US awaits the important FOMC meeting and the FED Interest Rate decision. Markets are expecting the rate to remain unchanged at 0.5% However if Janet Yellen and the other Fed members decide the time has come to raise rates markets could see high volatility across the board. EURUSD trading at 1.0870 while USOIL has tested below $30 per barrel this session. GOLD is trading at $1118 per ounce at time of writing. The RBNZ will announce an Interest Rate decision in the coming hours as well, with NZDUSD trading around the 0.65 figure area.

I hope you all have a nice evening.