Any ideas for today's FOMC rates announcement?!?!?!

Any good areas to place orders? Any suggestions?

Also, do you think we might have any surprise rate hike? If not, how soon would you expect that?

PipDiddy:

"Today all eyes will be on the Fed as they give their FOMC statement at 5:30 pm GMT. While some market players are expecting the Fed to signal a QE3, some are saying that they could actually end up confusing investors with their press conference and economic projections reports following the statement at 7:00 pm GMT.

If you want to trade U.S. reports though, then you can also wait for the durable goods orders data coming up at 1:30 pm GMT. The core figure is expected to print higher than its previous figure, but make sure you keep an eye out for any surprises!"

I’m selling GBP/USD so I hope for good news from USA, but if I see bad news I’ll take my profits closing the short position.
Good luck :wink:

I am also selling the GBPUSD brother and i am using the news about the oncoming recession in the UK.

But i have no hopes for the QE3 from the Fed :wink: