Forex Analysis (Tue March 15 2011, 2:15pm NY Time EST) – US FOMC Rate Decision – Today, 06:37 PM

Federal Reserve will probably not surprise the market today. It is likely to keep the current Federal Funds rate unchanged while leaving the 600 Billion Dollar stimulus in place as economy is showing improvement. The real market mover will probably be the accompanied statement, where Bernanke is expected to mention the recent improvements in Unemployment Rate (which is at 8.9%, the lowest in 2 … [Read more...]