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FOMC preview from BoA / Merrill Lynch

Discussion in 'Fundamental Analysis' started by ForexLive, Mar 16, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Via eFX comes this from BoA/ML () For trade recommendations from banks and more, check out eFX Plus For a market whipsawed by central bank meetings, including the ECB and BoJ, the FX market is probably just fine with a low-volatility Fed meeting next week. And that's what we expect from an FX market standpoint with the market pricing only a small, 10% probability of a hike. More important for the FX reaction will be the Fed's overall tone, and assessment of the balance of risks. Since the January FOMC meeting things are looking better on this front.

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