· 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.
[B]Stories to watch on DailyFX[/B]
· 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.
[B]Send any comments or questions to <[email protected]>.[/B]