<ul><li>Labor market is extraordinarily strong</li><li>Sometimes just I get data the night before it's released, but just me</li><li>Message from last week's FOMC is that disinflationary process has begun but has a long way to go</li><li>Repeats that ongoing rate increases will be appropriate, still have not reacted sufficiently restrictive level</li><li>Vote on monetary policy takes place around noon on the second day of FOMC</li></ul><p>The market likes what it has heard so far with stocks rallying to session highs, led by the Nasdaq. The US dollar has sunk across the board.</p>
This article was written by Adam Button at www.forexlive.com.