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  • Minutes of the Federal Open Market Committee December 13-14, 2022

    From federalreserve.gov Story is in PDF Format

    The manager pro tem turned first to a discussion of developments in financial markets. Following several months of tightening, financial conditions eased over the period as investor concerns about global risks edged lower and incoming data showed nascent signs of a moderation in inflationary pressures. Central bank communications signaling a slower pace of policy rate increases appeared to contribute to improved sentiment. Measures of implied volatility across financial markets declined somewhat from the elevated levels observed in October. Consistent with the decline in volatility, model-based measures suggested ... (full story)

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wow
Nice data for USD
Good For Dollar.
Quoting Analyst007
Good For Dollar.
Not that much
I live in the future
I expected to be bad , but under the conditions we just come out of it seem ok.
  •  Guest
  • | IP XX.XXX.125.78
Nothing in there that we didn't already know
Noone cares about this now. CPI next week will be a bigger trigger, same with NFP to a lesser degree upcoming friday.
  •  Guest
  • | IP XX.XXX.35.68
Some downside wouldn't surprise me here. Overall not a big event though. CPI will definitely shake up the markets if expected outcome is not achieved.
  •  Guest
  • | IP XXXX:b540:f8c4
From my standpoint it looks like there is a light at the end of the tunnel.
These are based on old stuff. The pace at which things are moving right now one should not look at data that reflects outdated news. Just look at the numbers that have been published since last meeting.

Yes, I did see Kaskhari blabbing around this morning (:
Quoting Banditten
These are based on old stuff. The pace at which things are moving right now one should not look at data that reflects outdated news. Just look at the numbers that have been published since last meeting. Yes, I did see Kaskhari blabbing around this morning (:
Good For Dollar?
ok
The're sideways now, waiting for the next Inflation spike: inevitable.
this is bad for usd
  •  Guest
  • | IP XXX.XXX.46.33
Quoting Guest
Nothing in there that we didn't already know
That in fact is the essence of the entire event in a few words. The problem is everyone then thinks these musing of minds as uninformed about the future of the variables they track, as much as the average trader (about the assets they trade), somehow tells the direction of the various assets they trade. But nothing in there is definite about anything out here so - once again everyone is on his own in reality - which is why THIS IS SIMPLY CONFUSION CENTRAL.

The Crow (-_-)
Quoting masoudja
{quote} Good For Dollar?
I have no idea. All I am saying is that I wouldnt trade based off this.
Quoting Banditten
{quote} I have no idea. All I am saying is that I wouldnt trade based off this.
there are mix reaction from all of them, some wants rate cut while some said the inflation is normal..so definitely there won't be further rate cut soon. I will trade against the usd my trading plan allow it then i will wait for non farm payroll
What's really important to us traders isn't what the Fed want to do or not to do, it's all about what influence they have on the thing you trade and it all shows on the chart right in front of you. Trying to decipher what they've said is a waste of energy.
Are we going to see a break to the upside?
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Quoting Guest
Some downside wouldn't surprise me here. Overall not a big event though. CPI will definitely shake up the markets if expected outcome is not achieved.
...

Meaning CPI is everything, We are having a Fed that is Having Its Best Hopes On Dollar as a World Safe Haven to Fight inflation By encouraging Investors to save it in The Bank and enjoy later its Interest..well..The dollar is Combined With some serious Assetsand Commodities...Dollar totally affects Trade, but Now we Have to save It and Have a Psychological Value On it as a Currency depending On Its pairs of Commodities and assets Price after all This Nonsense of Inflation is Done...We will be encouraged to enjoy the Interest profits Of the dollar as a bank saved money for a while..That's what the Fed is Calling a restriction Level..and Inflation Will Pick again In Future with different Problems..



See You In future..
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  •  Guest
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