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  • Marking Time Ahead of the Fed

    From marctomarket.com

    The US dollar is trading quietly, largely within yesterday's ranges ahead of the much anticipated FOMC meeting. Even more broadly, the capital markets are relatively quiet. Asia-Pacific equities were mostly lower, except for Japan, Thailand and Australia. Of note, Chinese shares edged lower to new six month lows amid the rising money market rates and talk that officials may begin granting approvals for new initial public offerings. European shares are narrowly mixed and the Dow Jones Stoxx 600 is off marginally, but of note the financials are the weakest sector. There are three parts to the Fed story today: the FOMC ... (full story)

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  • Comment #1
  • Quote
  • Jun 19, 2013 8:52am Jun 19, 2013 8:52am
  •  Ulterior
  • | Joined Mar 2008 | Status: aka "Johny 1 Lot" | 185 Comments
everybody and his dog know USD is going DOWN, stop this bullshit
 
 
  • Comment #2
  • Quote
  • Jun 19, 2013 9:13am Jun 19, 2013 9:13am
  •  Maso
  • | Joined Feb 2013 | Status: Member | 468 Comments
I don't think so. Most of the time FED pushes USD up.
 
 
  • Comment #3
  • Quote
  • Jun 19, 2013 9:27am Jun 19, 2013 9:27am
  •  Guest
  • | IP XX.XXX.35.70
I agree with you regardless of the policy
 
 
  • Comment #4
  • Quote
  • Jun 19, 2013 9:33am Jun 19, 2013 9:33am
  •  samson omi
  • | Joined Nov 2009 | Status: Member | 5 Comments
dont think so
 
 
  • Comment #5
  • Quote
  • Jun 19, 2013 9:47am Jun 19, 2013 9:47am
  •  jegas
  • Joined Oct 2011 | Status: Forex is an Unpredicatable Game.... | 1208 Comments
during the fed mints ,no one can predict it USD & all pairs move either side ,so wait & see ,after do something ?
 
 
  • Comment #6
  • Quote
  • Jun 19, 2013 9:54am Jun 19, 2013 9:54am
  •  belief81
  • | Joined Jan 2012 | Status: Member | 72 Comments
Quoting Maso
Disliked
I don't think so. Most of the time FED pushes USD up.
Ignored
This time also FED push USD up up up up............
 
 
  • Comment #7
  • Quote
  • Jun 19, 2013 10:02am Jun 19, 2013 10:02am
  •  Raminzk
  • | Joined Dec 2011 | Status: Member | 18 Comments
bernankey said he advises the market not to change insane at FOMC deceisions, adding this advise and the rumor of tappering QE I think they have prepared the market to say about QE elimination or gradually declining, so I think USD up
 
 
  • Comment #8
  • Quote
  • Jun 19, 2013 10:04am Jun 19, 2013 10:04am
  •  albchr
  • Joined Mar 2009 | Status: Member | 584 Comments
Quoting Ulterior
Disliked
everybody and his dog know USD is going DOWN, stop this bullshit
Ignored
LOL... I always find comments like this so entertaining.
Ghost Rider - WWTBMD?
 
 
  • Comment #9
  • Quote
  • Jun 19, 2013 10:08am Jun 19, 2013 10:08am
  •  PA is King
  • Joined Jun 2013 | Status: Member | 2571 Comments
Sounds like a bunch of people are still trapped short EU...probably around 1.3100 and below. Hopefully it will work out for you.
 
 
  • Comment #10
  • Quote
  • Jun 19, 2013 10:20am Jun 19, 2013 10:20am
  •  albchr
  • Joined Mar 2009 | Status: Member | 584 Comments
Quoting PA is King
Disliked
Sounds like a bunch of people are still trapped short EU...probably around 1.3100 and below. Hopefully it will work out for you.
Ignored
A rather bold assumption. Any reason for it?
Ghost Rider - WWTBMD?
 
 
  • Comment #11
  • Quote
  • Jun 19, 2013 10:28am Jun 19, 2013 10:28am
  •  Shakil Ahmad
  • | Joined Mar 2013 | Status: Junior Member | 1 Comment
i think on statement release as usual movement is up down up down.....
 
 
  • Comment #12
  • Quote
  • Jun 19, 2013 10:45am Jun 19, 2013 10:45am
  •  Guest
  • | IP X.XX.78.45
There is gone be no clear message from Bernanke, US economy is doing better but not good enough for FEd to start reducing shet balance. Bernanke will try to give positive outlook on economy but there is very little to back it up.
 
 
  • Comment #13
  • Quote
  • Jun 19, 2013 2:15pm Jun 19, 2013 2:15pm
  •  roakley
  • | Joined Jan 2010 | Status: Member | 17 Comments
Ulterior? Whats your dog saying now?
 
 
  • New Comment
  •  Guest
  • | IP XX.XXX.131.158
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  • Story Stats
  • Posted: Jun 19, 2013 8:44am
  • Submitted by:
     MarcChandler
    Category: Fundamental Analysis
    Comments: 13  /  Views: 3,286
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