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Wednesday, May 1, 2013

Forex Flash: The focus is on meeting the Fed today - Deutsche Bank

FXstreet.com (Barcelona) - Tim Reid, of Deutsche Bank, points out that the main focus of the day will be the statement by the Fed, to the GMT//19.00 18.00 London time.

Reid writes: "markets will have to read between the lines, since there will be a press conference of Bernanke to follow at this time.


In short, Peter Hooper, of Deutsche Bank, does not expect much of the Declaration today and ensures that "most likely, is the Federal Reserve to pass to any significant change in its orientation to the markets. Surely the tone will be a little more pessimistic, given the recent weakening of activity and inflation data, but the situation is not yet weak enough to justify a change in the orientation of the policy "."

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