www.bforex.com: Concerns Persist

www.bforex.com: Concerns Persist

The FOMC Statement and its press conference arrived yesterday, briefly removing the Greek debt crisis out of the spotlight.br br The Federal Reserve confessed that the American financial situation is not recouping as quickly as expected and that a soft patch has developed due to unexpected development of rising prices in food and energy costs.br br The Fed stated it would stop its quantitative easing as designed in about a couple weeks time, yet did say it would continue to try and stimulate the economy as it monitors the high jobless rate and inflation that has occurred.br br The EURUSD pair will continue to find movements.br br Today Flash Manufacturing and Services PMI figures will come from Germany and France. The U.S. will issue weekly Unemployment Claims and New Home Sales.br br On Friday the German Ifo Business Climate record is on schedule and the U.S. puts out Core Durable Goods figures. Both Europe and the States have carried on to turn in lackluster figures.


User: ussjames86

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Uploaded: 2011-06-23

Duration: 01:12