This upcoming week, Fed Chairman Ben Bernanke will have to decide whether or not the turn in data is significant enough to prepare the market for QE3. We believe that the FOMC statement will sound neutral to dovish but Bernanke will be holding a press conference after the monetary policy announcement this month and he will undoubtedly be asked some tough questions about QE3.
http://www.fx360.com/commentary/kathy/7441/usd-why-this-fomc-meeting-is-so-important.aspx
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