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  • Federal Reserve issues FOMC statement

    From federalreserve.gov

    The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world. The virus and the measures taken to protect public health have induced sharp declines in economic activity and a surge in job losses. Weaker demand and significantly lower oil prices are holding down consumer price inflation. Financial conditions have improved, in part reflecting policy measures to support the ... (full story)

Bad market
any remarks , week usd ?
  •  Guest
  • | IP XX.XX.74.233
Yea bad market. But USD if oversold... Expect bad econ news from EURO and others in the coming days... but for the rest of the week USD is weak.
  •  Guest
  • | IP XX.XX.8.226
WEAK usd
Saying the same ole same ole. Willing to do anything to make sure the markets have ample liquidity. We got that part already. Lets see what Jerome has to say.
The solution is (x).
#eu 1.15 e.p
  •  Guest
  • | IP XX.XXX.193.93
Is it good for stock market?
Quoting swing77
#eu 1.15 e.p
why ? nothing new to lower usd
The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals"

It's Long time overdue to end this useless "Dual Mandate". Just leave the "price stability" goal.
what does the Fed have to do with "promoting maximum employment"?
Quoting Ghass1234
{quote} why ? nothing new to lower usd
Do you not see the weakness in dollar?
The solution is (x).
Quoting Momofrmnyc
{quote} Do you not see the weakness in dollar?
it has been week 10days , nothing goes for ever, i meann if no inatent stimilus or new packages , usd will stay at thi level no ?
Quoting Ghass1234
{quote} it has been week 10days , nothing goes for ever
that is a SHORT time for weakness considering how long it was artificially strong
Basically they are going to pump even more money into the system and buy more securities etc
DOW UP / $ Down
if you are trader you'll find profit and not finding a beutiful explain
lookn all #eqiuties mr.GHASs1234567
To support the flow of credit to households and businesses, over coming months the Federal Reserve will increase its holdings of Treasury securities and agency residential and commercial mortgage-backed securities at least at the current pace to sustain smooth market functioning, thereby fostering effective transmission of monetary policy to broader financial conditions. In addition, the Open Market Desk will continue to offer large-scale overnight and term repurchase agreement operations. The Committee will closely monitor developments and is prepared to adjust its plans as appropriate.
Extremely boooolish. markets going to make ALL TIME HIGHS. Don't go against FEDs. Start buying up everything. Only eat cheap noodles and invest all your dimes in equities. We're going to the moon baby yeeeeeeh!!
Is there any more reason that market trade in risk on mode? is it time for risk off and start buying USD?
https://www.youtube.com/watch?v=frxpvIBcLiI
FOMC PRESS CONFERENCE LIVE
  •  Guest
  • | IP XX.XXX.84.54
The Fed projects no plans to raise interest rates through 2022 and says it is committed to providing more support to the coronavirus-battered economy
Expect a retrace soon
USD cannot go down forever...other countries doesn't want their currency to go up in this difficult time...no benefits of high currency.
  •  Guest
  • | IP XXX.XXX.124.11
FED was quiet about the GDP and Unemployment rate why? well since they are investing more in the security and intending to keep interest rate as low as possible we will see USD back to normal after 2 to 3 weeks for now EURo is picking the propaganda weakness until we see actual change in consumer sentiment,,,Bearish USD for 2 weeks
Quoting lakhan
Extremely boooolish. markets going to make ALL TIME HIGHS. Don't go against FEDs. Start buying up everything. Only eat cheap noodles and invest all your dimes in equities. We're going to the moon baby yeeeeeeh!!
yeah

Attached Image
...because you never know - until you do!
Not only US economy is ruin, but all the world (better no hope so much for the weakness usd until FED is really to introduce QE)
Quoting YYZ
USD cannot go down forever...other countries doesn't want their currency to go up in this difficult time...no benefits of high currency.
Tell that to the export countries! Someone in the USA wanted a weaker $ and they are gonna get it.
...because you never know - until you do!
Nothing like buying the top lol
EURUSD Retuchment...!
Everybody seems desperate to trade. Asking if news means this will happen or that will happen. Just calm down and trade when you don't have to ask.
Quoting eozdural
Everybody seems desperate to trade. Asking if news means this will happen or that will happen. Just calm down and trade when you don't have to ask.
I'll up it one notch: If you need to ask these questions, should you really be putting your money at risk?

I mean, one thing is playing ball with your own opinion and that of others, coming on here literally screaming "I have no fking clue what's going on, someone please save me" is just sad, and makes me pray they didn't actually put their pension or kid's college funds on the line for what is at best a fickle mistress, and at worst a femme fatal.
Not-KPMG yawns 😉

Ok. Trash paper coming.
Ok.😨😭

To add more Bitcoin. 👍👍

Tomorrow stocks will be bleeding red...

😱
Beware of robber banks (RB), bad advisors.
Quoting mkjenna
{quote} I'll up it one notch: If you need to ask these questions, should you really be putting your money at risk? I...

the line for what is at best a fickle mistress, and at worst a femme fatal.
Yes.

People have right to ask. 👍👍😨

Depends who'll answer....🙉😉

This used to be good, helpful forum.... now it's cr.p.🙉🐒

Years ago I'd help and post a lot and help.....but 98% didn't care , now i won't bother 🐢🍻
Beware of robber banks (RB), bad advisors.
Gold up on Dollar weakness.
Quoting mkjenna
{quote} I'll up it one notch: If you need to ask these questions, should you really be putting your money at risk? I mean, one thing is playing ball with your own opinion and that of others, coming on here literally screaming "I have no fking clue what's going on, someone please save me" is just sad, and makes me pray they didn't actually put their pension or kid's college funds on the line for what is at best a fickle mistress, and at worst a femme fatal.

It is not that just losers ask questions in FF...Regardless of trading I do wonder how is possible that 4.5mill population country NZ has one of strongest currencies in the world...11 days in row going up...what NZ has to offer to world to have such strong NZD...Maybe you know?
Quoting Not-KPMG
{quote} Yes. People have right to ask. ������ Depends who'll answer....���� This used to be good, helpful forum.... now it's cr.p.���� Years ago I'd help and post a lot and help.....but 98% didn't care , now i won't bother ����
To be fair, with all the shining beacons maintaining their own threads on basically everything FX (and non-FX) here at FF, it's still the best place to be in my humble opinion. But yeah, the crap ratio has certainly increased over the years

I do try to explain, or at least offer my opinion, if someone asks a valid question, but "OMG UP OR DOWN???!" just isn't one of those.

Maybe we should try harder.
  •  Guest
  • | IP XX.XXX.212.191
Quoting YYZ
{quote} It is not that just losers ask questions in FF...Regardless of trading I do wonder how is possible that 4.5mill population country NZ has one of strongest currencies in the world...11 days in row going up...what NZ has to offer to world to have such strong NZD...Maybe you know?
New Zealand is out of lockdown, btw
Quoting Not-KPMG
Not-KPMG yawns Ok. Trash paper coming. Ok. To add more Bitcoin. Tomorrow stocks will be bleeding red...
Stocks bleeding red.

I thought money supply going up, confirmed 120 billion a month purchases of securities and cut its benchmark short-term rate to near zero would spur stocks on.

Then again everyone has been ultra bullish last few weeks so perfect time for big boys to sell up

What arre you reasons for thinking stocks will bleed tomorrow?
A second wave is inevitable

Lockdown was a brake . I hope ( sincerely ) that the second wave isn't more drastic

https://www.aa.com.tr/en/europe/spain-sees-new-covid-19-cases-double/1872411
[quote = Vancarbon;
Attached Images
Confucius: the man who broke the mountain was the same man who started ...
Here's how the crash happens:
https://www.zerohedge.com/geopolitical/theres-actual-playbook-everything-happening-right-now-us-wrote-it
Quoting el_duende
{quote} Stocks bleeding red.

What arre you reasons for thinking stocks will bleed tomorrow?
This is his thought process...



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...because you never know - until you do!
Quoting Vancarbon
A second wave is inevitable Lockdown was a brake . I hope ( sincerely ) that the second wave isn't more drastic https://www.aa.com.tr/en/europe/spai...double/1872411
Please...


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...because you never know - until you do!
I texted my brother Friday after the 1000 point blow off top (DOW) and suggested he rebalance and hedge his retirement accounts. He texted me today...he didn't do it. It was really really cheap Friday to hedge with puts. Now it's expensive not just in price but also in the losses to his accounts. He was all happy Friday because he was within 1% of where things were in January. ("Here's your sign.")
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