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Intraday Update (Volume Running Low for an FOMC Announcement Day)
By Rennie on Wednesday, June 24th, 2009 at 3:10 pmNoteworthy that NYSE volume continues to run below yesterday’s levels. Assuming this persists into the close, volume will come in below its 20-day average. That’s fairly unusual coming on a regularly scheduled Fed meeting. The last twenty times that NYSE volume came in below average on the day of a Fed meeting are listed in the table below. Note that in every case but one…
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