Forex Daily Technical Report Markets Cautiously Mixed, Dollar Recovers ahead of FOMC The Forex markets turn mixed as the highly anticipated FOMC rate decision is approaching. While interest rate futures are pricing in a sure rate cut on Wednesday, likely to be 25bps, WSJ Fed watcher Greg Ip thought it’s not as sure as the market thinks. Ip said that the decision will be a close call and Fed’s discussion will center around a 25bps cut or not cut at all. The primary reason is that many of the
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Tuesday, October 30th, 2007 at 9:02 am
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