11/04/09 – Daily Forex Market News from cmsfx.com

July 18, 2010 by  
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FOMC Statement Holds Few Surprises, Higher-Yielders Hold Overnight Gains vs Greenback Wednesday – November 4th, 2009 Recap: The reaction to the FOMC statement was muted as policy makers held closely to their previous statement. The Euro did test the 1.49 area in the releases aftermath. The Fed statement showed that while economic activity has continued to pick up, there was softness in household spending and inflation and didn’t offer any hints that they would move up their plans to raise rates. News Provided by CMS Forex www.cmsfx.com Analyst Nick Nasad Open up a free practice account and start trading Forex today.

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