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  • Yellen: Labor Market Dynamics and Monetary Policy

    From federalreserve.gov

    In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the Great Depression.1 More jobs have now been created in the recovery than were lost in the downturn, with payroll employment in May of this year finally exceeding the previous peak in January 2008. Job gains in 2014 have averaged 230,000 a month, up from the 190,000 a month pace during the preceding two years. The unemployment rate, at 6.2 percent in July, has declined nearly 4 percentage points from its late 2009 peak. ... (full story)

  • #1
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  • Aug 22, 2014 10:05am Aug 22, 2014 10:05am
Sell for another 3 months. I mean, Buy USD. Sell GBP & EUR
  • #2
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  • Aug 22, 2014 10:06am Aug 22, 2014 10:06am
Sell USD
  • #3
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  • Aug 22, 2014 10:06am Aug 22, 2014 10:06am
ok, unemployment target is 5%.....so far away
  • #4
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  • Aug 22, 2014 10:07am Aug 22, 2014 10:07am
Market confused. Need some time to react. We will see a storm after some time later. just wait.
  • #5
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  • Aug 22, 2014 10:09am Aug 22, 2014 10:09am
Fed will not do anything for the next 2 years, period.
  • #6
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  • Aug 22, 2014 10:09am Aug 22, 2014 10:09am
dovish...sell usd
btw she repeated SLACK again and again...
Keep calm and go GREEN...
  • #7
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  • Aug 22, 2014 10:09am Aug 22, 2014 10:09am
I think EUR will touch 1.30 Then will move again.
  • #8
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  • Aug 22, 2014 10:10am Aug 22, 2014 10:10am
I was going to read this and enter a trade but after watching the price bounce all over the place I decided to wait till tomorrow.
  • #9
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  • Aug 22, 2014 10:10am Aug 22, 2014 10:10am
Quoting nofirumi
dovish...sell usd
Not dovish. Yellen stand on the middle.
  • #10
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  • Aug 22, 2014 10:11am Aug 22, 2014 10:11am
Quoting irongoose
I was going to read this and enter a trade but after watching the price bounce all over the place I decided to wait till tomorrow.
Thats a good Idea. Market is all over confused. Anything could happened.
  • #11
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  • Aug 22, 2014 10:11am Aug 22, 2014 10:11am
Quoting skyboys007
Market confused. Need some time to react. We will see a storm after some time later. just wait.

See the bounce back now with USD
  • #12
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  • Aug 22, 2014 10:13am Aug 22, 2014 10:13am
the market still fighting within itself
  • #13
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  • Aug 22, 2014 10:15am Aug 22, 2014 10:15am
I don't even know why I bother with these events anymore, I rarely take a trade.
  • #14
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  • Aug 22, 2014 10:17am Aug 22, 2014 10:17am
Watch Gold it will give an excellent pre indication for the EUR..
  • #15
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  • Aug 22, 2014 10:17am Aug 22, 2014 10:17am
Cable will close lower today
That which does not kill us makes us stronger
  • #16
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  • Aug 22, 2014 10:18am Aug 22, 2014 10:18am
  •  Trader#00B3
  • | Status: Unregistered Trader
i am still crying over the bounce back
  • #17
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  • Aug 22, 2014 10:18am Aug 22, 2014 10:18am
gbp usd is in daily weekly demand, this is not going down , its going up first , forget the news trade the charts
  • #18
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  • Aug 22, 2014 10:19am Aug 22, 2014 10:19am
  •  Trader#89A5
  • | Status: Unregistered Trader
Trading "big news" has become a failure...but I think USD will bounce against some currencies..I will buy for the dip to buy again
  • #19
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  • Aug 22, 2014 10:19am Aug 22, 2014 10:19am
dancing charts............love it........lol....
  • #20
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  • Aug 22, 2014 10:20am Aug 22, 2014 10:20am
Quoting darkforce
fed will not do anything for the next 2 years, period.
we have a winner! Give that man a slice of ukraine
  • #21
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  • Aug 22, 2014 10:25am Aug 22, 2014 10:25am
Ghost Rider - WWTBMD?
  • #22
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  • Aug 22, 2014 10:26am Aug 22, 2014 10:26am
Quoting irongoose
I was going to read this and enter a trade but after watching the price bounce all over the place I decided to wait till tomorrow.
Yeah, just wait until tomorrow and trade by yourself. LOL
Happy trading!
  • #23
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  • Aug 22, 2014 10:26am Aug 22, 2014 10:26am
GBP/USD up - USD/JPY down
"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." — Warren
  • #24
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  • Aug 22, 2014 10:29am Aug 22, 2014 10:29am
  •  Trader#075D
  • | Status: Unregistered Trader
the best advice is keep out!!
  • #25
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  • Aug 22, 2014 10:29am Aug 22, 2014 10:29am
the match is not over, yet. buyers vs sellers 1:1
  • #26
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  • Aug 22, 2014 10:30am Aug 22, 2014 10:30am
Read it. Pretty much, until inflation hits its target (2%), the will continue doing exactly what we are doing.
  • #27
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  • Aug 22, 2014 10:32am Aug 22, 2014 10:32am
The market doesn't care what Yellen Saying
I miss Ben Bernake so much and the way the market reacts after his speaks...
  • #28
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  • Aug 22, 2014 10:50am Aug 22, 2014 10:50am
Quoting FiftyFifty
Watch Gold it will give an excellent pre indication for the EUR..
why sir ?
  • #29
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  • Aug 22, 2014 10:50am Aug 22, 2014 10:50am
Any suggestion for usd/jpy?
  • #30
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  • Aug 22, 2014 10:51am Aug 22, 2014 10:51am
guys I selling my underwear, sell too!!!!!!!!............lol
  • #31
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  • Aug 22, 2014 10:58am Aug 22, 2014 10:58am
Look at the USD/CAD resistance. I emptied my bank account to buy that.
Invest in alarm clocks
  • #32
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  • Aug 22, 2014 11:00am Aug 22, 2014 11:00am
Quoting Tony112
Look at the USD/CAD resistance. I emptied my bank account to buy that.
You buy Cad or? or buy USD/CAD?
Journey is more important than destination
  • #33
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  • Aug 22, 2014 11:07am Aug 22, 2014 11:07am
Watch gold::: If it goes it goes:::watch it::
  • #34
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  • Aug 22, 2014 11:20am Aug 22, 2014 11:20am
Quoting miftahfadil
Any suggestion for usd/jpy?
down 102.80-102.90
  • #35
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  • Aug 22, 2014 11:35am Aug 22, 2014 11:35am
Quoting Mr.Kane
down 102.80-102.90
Today?
"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." — Warren
  • #36
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  • Aug 22, 2014 11:46am Aug 22, 2014 11:46am
usd still strong. after she speak. now DXY 82.40
  • #37
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  • Aug 22, 2014 11:50am Aug 22, 2014 11:50am
Quoting Forex-Queen
Sell for another 3 months. I mean, Buy USD. Sell GBP & EUR
agreed, technically usd is clearly bullish, so buy is the best option for USDCHF, and i think EURUSD will down towards 1.3000 gradually
  • #38
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  • Aug 22, 2014 12:51pm Aug 22, 2014 12:51pm
Quoting Forex-Queen
Sell for another 3 months. I mean, Buy USD. Sell GBP & EUR
GBP, I'm not so sure...1.65xx is a good level to go long.
Everyone can see the chart, but only a few can actually read it.
  • #39
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  • Aug 22, 2014 2:04pm Aug 22, 2014 2:04pm
now we talk about draghi for tomorrow.
its mean buy USD lol
  • #40
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  • Aug 22, 2014 2:50pm Aug 22, 2014 2:50pm
Quoting Idoscon
guys I selling my underwear, sell too!!!!!!!!............lol
You must be nuts, winter is coming...
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #41
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  • Aug 22, 2014 2:55pm Aug 22, 2014 2:55pm
Trading "Hawkish" always has boomerang effect. Won't dare again...
  • #42
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  • Aug 22, 2014 2:59pm Aug 22, 2014 2:59pm
hahahhaha Winter certainly is coming! lol
  • #43
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  • Aug 23, 2014 8:41am Aug 23, 2014 8:41am
Quoting mr-roma
Today?
should be 3 to 5 working days... almost 7
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