FOREX: More of the same from the FOMC

By Jameel Ahmad, Chief Market Analyst at FXTM To sum up, there were no surprises from the FOMC statement yesterday evening. Throughout previous statements, “more of the same” has been the underlying

FOREX: USD weakens ahead of FOMC statement

By Jameel Ahmad, Chief Market Analyst at FXTM Leading up to this evening’s eagerly anticipated FOMC statement, traders took the opportunity to close some USD positions on Tuesday afternoon. Investors are showing

EURUSD – Nothing but one-way traffic

Βy Jameel Ahmad, Chief Market Analyst at FXTM The EURUSD is continuing to show nothing but one-way traffic sending its price lower, with it also appearing to look like there is no