FOMC decision influence Forex

Wednesday, December 16, 2009 is likely to be one of the most active and important days in the month. The point is not in only great amount of Forex news from different parts of the world to be released, but in the FOMC interest rate, which is to be announced today, which will be waited for by all trading market participants and which can turn the situation on the market upside down if is changed. Besides that, the precise Forex data claimant count rate of Great Britain, Euro-zone and US consumer price index, US current account balance, housing starts and building permits are to be released today. At this rate, EUR/USD is likely to…continue reading Forex market trading tips for today