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  • Minutes of the Federal Open Market Committee

    From federalreserve.gov Story is in PDF Format

    Developments in Financial Markets and the Federal Reserve’s Balance Sheet The Manager of the System Open Market Account reported on developments in domestic and foreign financial markets as well as the System open market operations during the period since the Federal Open Market Committee (FOMC) met on January 29–30, 2013. The Manager also reported on developments in foreign money markets and implications for the assets that the Federal Reserve holds in its foreign currency portfolio. By unanimous vote, the Committee ratified the Open Market Desk’s domestic transactions over the intermeeting period. There were ... (full story)

Wow surprise... !!
what is? i didnt see anything new?
Anything can happen in FOREX. There's no 100% sure
The point is somebody were thinking about a more stimulus plan but they have postponed it.
developments in domestic and foreign financial markets , Good
  •  Guest
  • | IP XX.XXX.91.222
I believe I'm going into a no trading stance at the moment...we've been rallying for nearly 6 days with higher highs/higher lows. But we are starting me make a lower high/lower low...so I'll stand by until the picture becomes more clear.
Meaning this is good for the USD?
We know that US Economy is stabilizing at the moment but a lot still needs to be done.
  •  Guest
  • | IP XXX.XXX.147.9
was wondering why market gone mad without a clown, now i see
go go 100 USD/JPY....
Quoting adriantr
go go 100 USD/JPY....
I dont think so after what he said to us!!!
are any one can confirm the trend of usd/jpy please ?
this is what they have done :
"To support continued progress toward
maximum employment and price stability,
the Committee expects that a highly accommodative stance of monetary policy will
remain appropriate for a considerable time
after the asset purchase program ends and
the economic recovery strengthens. In particular, the Committee decided to keep the
target range for the federal funds rate at 0 to
¼ percent and currently anticipates that this
exceptionally low range for the federal
funds rate will be appropriate at least as
long as the unemployment rate remains
above 6½ percent, inflation between one
and two years ahead is projected to be no
more than a half percentage point above the
Committee’s 2 percent longer-run goal, and
longer-term inflation expectations continue
to be well anchored."
so keep this in mind before every trade
Quoting magbrr
Meaning this is good for the USD?
it's less dovish than expected. so, yes, it means good for USD.
now US is strong...
  •  Guest
  • | IP XX.XX.164.5
this is all phony people, the system is collapsing it's a managed collapse in my view, we have probably a year or so before the cards come falling down
LOL, guys are you listening to what some been saying from times to times now...

a few minutes ago ....EU is strong, USD is weak ..mmmmmm...buy EU
Now ...USD is strong ...EU is weak ..mmmmmmm..buy USD

No wonder big fat f**kers are getting more and more fatty everyday.

The truth is, there is no true indicator,at least around here, to tell clearly if the currency is getting weak or strong , so just watch carefully the chart and try to think like a hunter for change...

Good hunting to all
  •  Guest
  • | IP XXX.XXX.32.73
euro's still going up ...
  •  Guest
  • | IP XX.XX.90.60
agree with you LEIAMRA.Price is ur friend.Im done with my trades for the day good hunting to all
Quoting longorshort
it's less dovish than expected. so, yes, it means good for USD.
Really funny if the you insist that this singular item determines market valuation - but let me ask (assuming your theory is right) good for how long - to what extent - in other words for what range of the market is the minutes of a meeting held ages ago good for the USD? Really funny this business of fund - a - mental theory.

BTW: My sentiment is ignore crap mind games sponsored by the after market - read your charts - that is where the pros seem to have an edge.
so what is ur idea about eur/usd break 1.3000
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  • | IP XX.XXX.91.222
Quoting leiamra
LOL, guys are you listening to what some been saying from times to times now...

a few minutes ago ....EU is strong, USD is weak ..mmmmmm...buy EU
Now ...USD is strong ...EU is weak ..mmmmmmm..buy USD

No wonder big fat f**kers are getting more and more fatty everyday.

The truth is, there is no true indicator,at least around here, to tell clearly if the currency is getting weak or strong , so just watch carefully the chart and try to think like a hunter for change...

Good hunting to all
Good post, you have to adapt to the ever changing market. That's why I was bullish all week, but today's price action has caused me to sit on the sidelines now until I get some clear signs that we either continue up or are truly reversing and going down.
  •  Guest
  • | IP XX.XX.176.152
can anyone help me here? I don't have any problem with this news, but what time was the release scheduled for? am I mistaken or was the release earlier than scheduled?
  •  Guest
  • | IP XX.XXX.82.67
it was released 5 hours earlier
Minutes's were sceduled at 7:30GMT
Yes, I here they had a leak so they had to release it earlier
  •  Guest
  • | IP XX.XX.226.58
it was actually released yesterday in error
  •  Guest
  • | IP XX.XX.182.162
thanks, I noticed unusual volatility in some instruments at around the time of the announcement, notably gold.

by the way ...

Bank lobbyists and congressional staff received potentially market-moving Federal Reserve information 19 hours before the public in a release the central bank called accidental.

http://www.bloomberg.com/news/2013-04-10/fed-releases-minutes-early-after-inadvertently-sent-to-some.html
Quoting leiamra
LOL, guys are you listening to what some been saying from times to times now...

a few minutes ago ....EU is strong, USD is weak ..mmmmmm...buy EU
Now ...USD is strong ...EU is weak ..mmmmmmm..buy USD

No wonder big fat f**kers are getting more and more fatty everyday.

The truth is, there is no true indicator,at least around here, to tell clearly if the currency is getting weak or strong , so just watch carefully the chart and try to think like a hunter for change...

Good hunting to all
True be wise a nd have an eagle eye to catch up with the trend.
Quoting Loadedgun
Really funny if the you insist that this singular item determines market valuation - but let me ask (assuming your theory is right) good for how long - to what extent - in other words for what range of the market is the minutes of a meeting held ages ago good for the USD? Really funny this business of fund - a - mental theory.

BTW: My sentiment is ignore crap mind games sponsored by the after market - read your charts - that is where the pros seem to have an edge.
Leave alone insisting, I did not even mean to say that 'this singular item determines market valuation'. And, hey, that's not any theory I'm promulgating here.

Lest you must make unintended and incorrect interpretations, that was a simple answer to a simple question.

Of course, several variables affect any market overall. And what we are talking about here is just about the univariate influence of one particular measure on another parameter. The question was about that. And the answer was about that too.

Happy trading and have a good day!
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