22 - 26 June News

It's a bit late for this week but then again this week.. boring...

nothing much on economic report except for tonight US FOMC interest rate decision...
if Fed keep the rate like last month, nothing much will happen... but if Fed announce axpansion of QE, then it's time to long Dollar pair...
well at least for today...

Some collective news for today
http://www.dailyfx.com/story/dailyfx_reports/daily_fundamentals/US_Dollar_Down_Sharply_Ahead_1245791147141.html

http://www.dailyfx.com/story/trading_reports/trading_news_reports/EUR_USD__Trading_The_FOMC_Interest_1245769713517.html

For last night,
- Fed keep the interest rate at 0.25%
- US Durable good better than expected although US new home sales drop

causing DJIA to rally a bit ....
push EU & GU higher... but it didn't last long...
Dollar strengtening towards end of last night until this morning

as for tonight, watch out for US GDP revision

http://www.dailyfx.com/story/dailyfx_reports/daily_fundamentals/US_Dollar_Gains_on_Fed_Induced_1245878600095.html