Forex in 60 Seconds - A FOMC Rate Decision Headlines A Disappointing Day For Dollar Volatility

Published June 26th, 2008 - 01:24 GMT
Al Bawaba
Al Bawaba




 ·          The Fed's attempt at transparency is quickly taming one of the market's most volatile pieces of event risk.
 ·          Dollar traders refocus on the housing sector with a forecasted improvement in existing home sales.

Stories to watch on DailyFX

·          With speculation for future Fed hikes little changed after today's decision, how are the economy and markets responding to the hawkish threats?
·          The economic calendar may have peaked with today's FOMC rate decision, but there is still considerable event risk in New Zealand GDP.

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