fed announcement

"Gold appears capped by the $955 and higher areas," said Jon Nadler, senior analyst at Kitco Metals Inc. "The greenback exhibited a bit of pre-Fed jitters. The Fed announcement is expected at roughly 2:15 pm ET. The Dow Jones industrial average (INDU) gained 130 points, or 1.4%, with under 2-1/2 hours left in ... notable gains in mid-afternoon trading on Wednesday, although they have backed off of their best levels of the day following the Fed's announcement. The Federal Reserve Open Market Committee is scheduled to make an announcement regarding the near-term direction of monetary policy at 2:15 PM ET. Shares of TPX are trading higher this morning with the broader market, as investors are cautiously optimistic that the Federal Reserve will announce that it DJI) on Wednesday to monitor the market's reaction to the Fed announcement. This release is much more that just a renewal of the Fed fund target rate, ... the Fed announcement will also draw the market's attention and perhaps set a tone of directional vulnerability, depending on demand for the auction. Trading was ???about 15 percent higher??? than a normal trading day in Bogota on anticipation that the Fed announcement will bolster global markets,