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FOMC Preview: Transparency, Smanceparency

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 28, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Heading into the tomorrow’s conclusion of the Federal Reserve’s October monetary policy meeting, traders have almost completely priced out any possibility of action from the central bank, despite Fed Chair Janet Yellen’s comments that this would be a “live” meeting. To wit, the CME’s FedWatch tool shows that Fed Funds futures traders believe there’s just a 5% chance of the central bank raising interest rates tomorrow. Indeed, the far more important figure to watch around the FOMC statement

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