ForexLive Americas FX news wrap: Dovish Fed no salvation

Discussion in 'Market News' started by ForexLive, Jan 27, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Forex headlines for January 27, 2016: Fed: RBNZ: - RBNZ January statement compared with December - spot the difference Everything else: - US 10-year yields up 0.05 bps to 1.999% The FOMC was the focus of the day and that helped to keep markets generally in check in the hours leading up to the decision. After it was released the moves were initially choppy. EUR/USD hit a US low and stocks climbed but that reversed later and risk trades suffered. The euro rose above 1.0900 but struggled above the earlier high. It eventually cleared it by a couple pips but then finished back below the big figure.

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