Monday 8 July 2013

preparation to FOMC Meeting Minutes (Wednesday)

Absolutely key event this week will be the minutes of the Fed meeting (Wednesday, 20.00). Investors will try to find there information about the term limits QE3. So far in this year, the protocol is almost always led to a strengthening of the dollar.


Reminder previous the minutes of the Fed meeting:

1) 3 January 2013; 21:00

Federal Reserve - first minutes

chart 1, 


2) 20 February 2013; 21:00

Federal Reserve - second minutes

chart 2, 


3) 10 April 2013; 15:00

Federal Reserve - third minutes

chart 3, 



4) 22 May 2013; 20:00

Federal Reserve - fourth minutes

chart 4, 
During the strong dollar can be expected to test the 1.28 level. I think that FED attitude it will be more hawkish than expected = Good for currency = good for dollar.

regards,
oscarjp

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