{"id":88623,"date":"2016-04-25T07:17:26","date_gmt":"2016-04-25T11:17:26","guid":{"rendered":"http:\/\/countingpips.com\/?p=88623"},"modified":"2016-04-25T07:17:26","modified_gmt":"2016-04-25T11:17:26","slug":"dollar-eases-ahead-of-fed","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/04\/dollar-eases-ahead-of-fed\/","title":{"rendered":"Dollar eases ahead of Fed"},"content":{"rendered":"<div id=\"inves-2650101688\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">April 25, 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>The US dollar weakened on Monday in Asian trading as investors begin to prepare for this week\u2019s FOMC meeting.<\/p>\n<p>The Fed meets on Wednesday but is not expected to take any action this time after lifting the benchmark overnight interest rate in December for the first time in nearly a decade. But the policy statement will be closely watched for any clues as to when the central bank is likely to tighten monetary policy further. The FOMC event will be a high risk for the US dollar, which will likely become very volatile during the announcement.<\/p>\n<p>The dollar index, which tracks the greenback against a basket of six major currencies, sipped 0.2 percent to 94.935.<br \/>\nThe yen pulled off its lows that it reached on Friday when the Bank of Japan mentioned it is considering applying negative rates to its lending programme for financial institutions.<\/p>\n<p>USDJPY fell 0.6 percent to 111.12 yen after it earlier rose as high as 111.90, its loftiest peak since April 1.<\/p>\n<p>EURUSD rose 0.2 percent to $1.1245. Last week the European Central Bank held its policy rates at historic lows as expected.<\/p><div id=\"inves-1265080478\" 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>Crude oil prices moved back down to reverse Friday\u2019s gains. Last week oil prices marked a third straight week of gains as market sentiment turned more optimistic that the global supply glut may be easing.<\/p>\n<p>Brent fell 1 percent to $44.66 a barrel, while U.S. crude shed 1.3 percent to $43.15.<\/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 The US dollar weakened on Monday in Asian trading as investors begin to prepare for this week\u2019s FOMC meeting. The Fed meets on Wednesday but is not expected to take any action this time after lifting the benchmark overnight interest rate in December for the first time in nearly a decade. But [&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-88623","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/88623","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=88623"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/88623\/revisions"}],"predecessor-version":[{"id":88652,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/88623\/revisions\/88652"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=88623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=88623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=88623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}