{"id":86708,"date":"2016-03-16T07:01:48","date_gmt":"2016-03-16T11:01:48","guid":{"rendered":"http:\/\/countingpips.com\/?p=86708"},"modified":"2016-03-16T07:01:48","modified_gmt":"2016-03-16T11:01:48","slug":"waiting-for-fed-quiet-session","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/03\/waiting-for-fed-quiet-session\/","title":{"rendered":"Waiting for Fed, quiet session"},"content":{"rendered":"<div id=\"inves-2388489834\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">March 16, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<p>Markets were quiet during the Asian session as all eyes are on the Federal Reserve policy meeting.<\/p>\n<p>No policy action is expected today by the FOMC but investors wait for fresh guidance and any hints on when it might deliver its next hike in interest rates. A more hawkish tone from the Fed will be positive for the dollar.<\/p>\n<p>EUR\/USD was trading in a very tight range during the session around the $1.11 level.<\/p>\n<p>GBP\/USD traded near $1.4150 after falling from Friday\u2019s high of $1.4437, pressured lower by concerns on whether Britain would leave the European Union. The latest polls suggest the \u201cBrexit\u201d supporters had overtaken those who wanted to stay in the EU.<\/p>\n<p>Sterling will be in focus today as UK jobs data are out, while Chancellor of the Exchequer releases the Budget.<\/p><div id=\"inves-3856661689\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>USD\/JPY rose to 113.40 while EUR\/JPY came close to 126.00 yen.<\/p>\n<p>The New Zealand dollar was knocked down after a disappointing fall in dairy prices, which is New Zealand\u2019s most valuable export. The fortnightly Global Dairy Trade auction data weighed on the kiwi, which briefly dipped below 66 US cents to a two-week low.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime Markets were quiet during the Asian session as all eyes are on the Federal Reserve policy meeting. No policy action is expected today by the FOMC but investors wait for fresh guidance and any hints on when it might deliver its next hike in interest rates. A more hawkish tone from the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-86708","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/86708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=86708"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/86708\/revisions"}],"predecessor-version":[{"id":86726,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/86708\/revisions\/86726"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=86708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=86708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=86708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}