Lots of Events… Little Price Movement

01/28/10 by Daily Forex Snapshots  
Filed under Forex & Futures

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G10 Advancers and Decliners vs USD
GBP 0.25
EUR -0.11
CHF -0.17
JPY -1.00
FX markets are basically unchanged from where we left them in the NY session. The FOMC rate decision went as markets had expected (perhaps a very light hawkish tone), with the Fed fund rate remaining unchanged and language containing ‘exceptionally low’ and "extended period" untouched, with only Kansas City Fed President Hoenig dissenting vote (first since January 2009), to revoke the…

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