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  • Federal Reserve issues FOMC statement

    From federalreserve.gov Story is in PDF Format

    Recent indicators suggest that economic activity expanded at a strong pace in the third quarter. Job gains have moderated since earlier in the year but remain strong, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is sound and resilient. Tighter financial and credit conditions for households and businesses are likely to weigh on economic activity, hiring, and inflation. The extent of these effects remains uncertain. The Committee remains highly attentive to inflation risks. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over ... (full story)

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  • Fed holds rates steady, upgrades assessment of economic growth

    From cnbc.com

    The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market and inflation that is still well above the central bank’s target. In a widely expected move, the Fed’s rate-setting group unanimously agreed to hold the key federal funds rate in a target range between 5.25%-5.5%, where it has been since July. This was the second consecutive meeting that the Federal Open Market Committee chose to hold, following a string of 11 rate hikes, including four in 2023. The decision included an upgrade to the committee’s general assessment of the economy. ... (full story)

  • #1
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  • Nov 1, 2023 2:04pm Nov 1, 2023 2:04pm
  •  Trader#A79E
  • | Status: Unregistered Trader
As expected indeed.
  • #2
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  • Nov 1, 2023 2:05pm Nov 1, 2023 2:05pm
hawkish comments soon to be spewed lol. 25 mins
  • #3
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  • Nov 1, 2023 2:05pm Nov 1, 2023 2:05pm
USD------Down for the short term --atleast
  • #4
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  • Nov 1, 2023 2:05pm Nov 1, 2023 2:05pm
The FED knows it's out of Ammo if inflation carries on going up (which it will) US is in huge trouble.
  • #5
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  • Nov 1, 2023 2:06pm Nov 1, 2023 2:06pm
UEDA, SUZUKI and KANAD. Jump out of pockets. Today is your day.
  • #6
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  • Nov 1, 2023 2:07pm Nov 1, 2023 2:07pm
  •  Trader#CE87
  • | Status: Unregistered Trader
what about Gold ??
  • #7
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  • Nov 1, 2023 2:08pm Nov 1, 2023 2:08pm
Gold will Rise??
Singh ICT
Singh ICT Trading Return Today: -0.9%
  • #8
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  • Nov 1, 2023 2:09pm Nov 1, 2023 2:09pm
This is where XAU will thrive
ryoiki tenkai : Blue Juggernaut
  • #9
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  • Nov 1, 2023 2:09pm Nov 1, 2023 2:09pm
Recent indicators suggest that economic activity expanded at a strong pace in the third
quarter. Job gains have moderated since earlier in the year but remain strong, and the
unemployment rate has remained low. Inflation remains elevated.
The Committee is strongly committed to returning inflation to its 2 percent objective.

Hawkish
Follow price direction
  • #10
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  • Nov 1, 2023 2:10pm Nov 1, 2023 2:10pm
We will see the actual picture of the US economy. I am waiting for the conference as dovish.
  • #11
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  • Nov 1, 2023 2:11pm Nov 1, 2023 2:11pm
Quoting Guest
what about Gold ??
To 2200 soon
  • #12
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  • Nov 1, 2023 2:11pm Nov 1, 2023 2:11pm
Quoting Guest
what about Gold ??
At the sky
  • #13
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  • Nov 1, 2023 2:12pm Nov 1, 2023 2:12pm
BUY USD for long term....
  • #14
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  • Nov 1, 2023 2:12pm Nov 1, 2023 2:12pm
Quoting abany
{quote}At the sky
gold----bullish--short term
  • #15
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  • Nov 1, 2023 2:14pm Nov 1, 2023 2:14pm
Quoting Hassa9
{quote} To 2200 soon
Maybe more as various logical issues are surrounding
  • #16
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  • Nov 1, 2023 2:16pm Nov 1, 2023 2:16pm
Quoting Logix3
{quote} gold----bullish--short term
bro don't forget that the trend is still going up
  • #17
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  • Nov 1, 2023 2:17pm Nov 1, 2023 2:17pm
Still Looking good for USD.
  • #18
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  • Nov 1, 2023 2:17pm Nov 1, 2023 2:17pm
Sell gold short term
  • #19
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  • Nov 1, 2023 2:18pm Nov 1, 2023 2:18pm
2024 coming soon
  • #20
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  • Nov 1, 2023 2:21pm Nov 1, 2023 2:21pm
F.O.M.C conference will probably make all the difference few minutes from now.though expecting a dovish statement.
ANYTHING GREAT HAS A PRICE
  • #21
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  • Nov 1, 2023 2:21pm Nov 1, 2023 2:21pm
Gold will get down
Buy the rumor and sell the news

Look also at the daily chart
  • #22
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  • Nov 1, 2023 2:22pm Nov 1, 2023 2:22pm
Quoting abany
{quote}bro don't forget that the trend is still going up
Lets see bro
its just an opinion...to me gold seems up--short term
  • #23
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  • Nov 1, 2023 2:22pm Nov 1, 2023 2:22pm
gold 1700 soon area
  • #24
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  • Nov 1, 2023 2:25pm Nov 1, 2023 2:25pm
Quoting Abhaybora
Sell gold short term
why ??? do you have magic ball
  • #25
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  • Nov 1, 2023 2:26pm Nov 1, 2023 2:26pm
SUZUKI,,, UEDA did you hake your positions? Lets go to 155 for USDJPY. Come on you did it before now can do it again big betrayers.
  • #26
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  • Nov 1, 2023 2:27pm Nov 1, 2023 2:27pm
I believe Gold is gonna reach 2080 by December
  • #27
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  • Nov 1, 2023 2:27pm Nov 1, 2023 2:27pm
1668 Good price to Buy
  • #28
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  • Nov 1, 2023 2:50pm Nov 1, 2023 2:50pm
Eu is looking for catalyst to speed up....
ANYTHING GREAT HAS A PRICE
  • #29
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  • Nov 1, 2023 2:55pm Nov 1, 2023 2:55pm
  •  Trader#F1A5
  • | Status: Unregistered Trader
Im old enough to remember when inflation was "Transitory"...lol...Now, rate is at 5.50 and inflation is still kicking a**...Way to go Jerome.
  • #30
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  • Nov 1, 2023 8:35pm Nov 1, 2023 8:35pm
  •  Trader#E552
  • | Status: Unregistered Trader
Brilliant execution of a well-thought strategy. Exemplary lesson to all monetary authorities.
  • #31
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  • Nov 1, 2023 8:48pm Nov 1, 2023 8:48pm
The EURO/USD are still going to be fighting within the range for the time being...i think a jump in Euro is not expected to be happening soon... .
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  •  Trader#9223
  • | Status: Unregistered Trader
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