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What to expect from the FOMC - DB

FXStreet (Guatemala) - Analysts at Deutsche Bank explained that it is doubtful that financial market participants will glean much new information from today's FOMC statement.

Trade the Fed FOMC meeting with Bednarik and Carrillo - Live Coverage

Key Quotes:

"However, we expect to learn a little bit more of what it will take to get the Fed to raise rates (possibly in September), when the meeting minutes are released on August 19. Until then, investors should treat today's statement as a placeholder... Officially, we still have the Fed hiking in September, but as we highlighted several weeks ago, a lot has to break in our direction for the Fed to raise rates-the inflation outlook has to improve, and we need stability in overseas markets."

USD/JPY approaches 124.00; Fed decision eyed

Greenback pulled back in the market during the last hours, but versus the yen extended gains as US government bond yields rise. USD/JPY broke above 123.80 and rose to 123.90 reaching the strongest level since last Friday.
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FOMC: No press conference, no change - RBS

Analysts at RBS explained that Yellen is not scheduled to give a press conference and there will be no forecast update.
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