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  • FOMC Statement

    From federalreserve.gov

    Information received since the Federal Open Market Committee met in July suggests that economic activity is expanding at a moderate pace. Household spending and business fixed investment have been increasing moderately, and the housing sector has improved further; however, net exports have been soft. The labor market continued to improve, with solid job gains and declining unemployment. On balance, labor market indicators show that underutilization of labor resources has diminished since early this year. Inflation has continued to run below the Committee's longer-run objective, partly reflecting declines in energy ... (full story)

Its really pleasant to watch to market move and knowing that I have nothing at risk
Cowards. Tell everybody for months that your going to raise the rates, and then nothing.
Zero credibility anymore.
"The Committee currently anticipates that, even after employment and inflation are near mandate-consistent levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run."
Quoting Nate04
Cowards. Tell everybody for months that your going to raise the rates, and then nothing.
How can you say that? You got a big page of words...
  •  Guest
  • | IP XX.XXX.37.75
An economy addicted to low rates. Can anyone say debt-based bubble?

Bernanke and Yellen have put the US economy on an IV of addictive poison, and there's no going cold turkey.
wow, i am speechless...... that is such a bad signal to the markets... now there will be even more insecurity.

However, The way the candles behave, there seems to be a lot of buying in the indicies......
Quoting Nate04
Cowards. Tell everybody for months that your going to raise the rates, and then nothing.
looks like someone got burn.
No one knew what would come out of this event. Trading in such period is just suicide !
Quoting jiva34
How can you say that? You got a big page of words...
hahaha I guess that's true. I think it translated into "where a bunch of gutless pigs".
Now it's clear FED has lost control over monetary police, they are terrified from hike 0.25 bp. So no chance in the future to hike, they lost the train in june and now finish, maybe a new round of QE but no hike.
Banks will always run the country. There will never be "Change"...
Quoting Capelli
looks like someone got burn.
No one knew what would come out of this event. Trading in such period is just suicide !
Incorrect. I'm not in the market right now (well except my carry trade, which is fine).
buy and bye bye signals
Quoting cecchino
Now it's clear FED has lost control over monetary police, they are terrified from hike 0.25 bp. So no chance in the future to hike, they lost the train in june and now finish, maybe a new round of QE but no hike.
This is why I'm upset. Today did nothing for the financial health of the US.
Oh yes they have done a lot for financial health of the US. They have made it much worse. they appear to be stupid like that, but actually the financial health of the US is not their goal. The financial wealth of the top few multi billionaires is what they are concerned with. How to steal from everyone else and give to the top few. so they are doing an excellent job. They know exactly what they are doing. Murderers, thieves and liars. Talking very sweetly as if they are really doing the very best they can. They don't give a crap about the people. If 75% of the population died from war, starvation or a plague it would really help a lot.
Next up QE 4 lol. Time to buy more Gold and Silver physical.
Oh yess oh no...oh yess oh noooo....LoL
I've lost 10 bucks ... tell me the Yellen's phone nr. !!!
Projections still indicate most in the Fed believe >1% in 2016:

Link to PDF with projections:
http://www.federalreserve.gov/moneta...bl20150917.pdf
Quoting Gregory_
Projections still indicate most in the Fed believe >1% in 2016:

Link to PDF with projections:
http://www.federalreserve.gov/moneta...bl20150917.pdf
sure...if you don't mind 2015 all over again while you wait in 2016.
I'm not surprise from this they start some weeks ago, to blame everything, China, market turmoil, not too much lòabour improvement every excuse is good for delay (and never happen) a small hike. So this mean that economic health of US is not in good shape like they want to tell us. That's was calculate.
Yeah, I was fairly heavily short bonds running up to about 2 days ago, and I fully exited after the major push up. I was expecting to reenter after the statement... but now... it sounds like they may not move for a while... like maybe even 6+ months...
its written on the wall ! US simply cannot raise rates. Will try to get the articles for pleasure reading. If can recall, its something got to do with foreign bond holders. Where can US find the money to pay unless they print it on toilet papers!
No rate hike this year
Good day

attention to fundamental but trade with technical
http://www.forexfactory.com/news.php...11#post8493843
here is the situation: FOMC is worried about inflation but overall they are positive on growth. just go short on dollar for the next few weeks but then start selling other currencies
Quoting eddiegoldman
its written on the wall ! US simply cannot raise rates. Will try to get the articles for pleasure reading. If can recall, its something got to do with foreign bond holders. Where can US find the money to pay unless they print it on toilet papers!
Following on this point, there was also an article which stated that a mere 25bps increase would effectively DOUBLE US interest debt payments alone. Imagine would a 100bps increase would do...which further supports your point of: "Where can US find the money to pay unless they print it on toilet papers"
It would be overly presumptuous for me to predict that the Fed will never be able to raise interest rates. Give the economy another 6 months, and it could be far worse... or far better. We will have to see.

Manufacturing numbers seem to be getting weaker. However, in general, very important economic indicators are still indicating growth ahead, reference the State Coincidences Index (strong) and the CFNAI (strong move up this last reading).
hehehe love my coin flippin. I love to see it fly in the air, such a beauty
for gbpusd, kindly refer to weekly chart for techcians. A hidden divergence @ 1.51637 on 30/8 and 1.51698 on 31/5
Quoting Tony112
hehehe love my coin flippin. I love to see it fly in the air, such a beauty
Congrat$$$$$$
Wages are falling, the economy is on the verge of deflation. They had no choice. The next move is as likely to be more QE as a rate hike.
Next stop: negative rates
Looks more like Chinese monetary policy than the US... What if, Chinese or global markets don't recover for a year or two!!!
Can't wait for the US to accuse China of manipulating their currency again...because clearly, the US isn't manipulating their dollar, right? RIGHT?
  •  Guest
  • | IP XX.XX.215.129
Watch out for India...rate cut is coming
Quoting 4exNinja
Can't wait for the US to accuse China of manipulating their currency again...because clearly, the US isn't manipulating their dollar, right? RIGHT?
Right!! lol
13 of 17 Fed officials still expect a rate rise this year, according to projections... hmmm...
The credibility of the FED is like a clown much better Draghi if he tell something they act .
No Rate hike, its good. My account is good looking, Buy XAUUSD, EURUSD, NZDUSD, GBPUSD and AUDUSD. Chinese monetary policy is good indicator for NO rate hike USD.
  •  Guest
  • | IP XXX.XXX.166.3
I'm going to name my next child ZIRP.
Sell USD hard!
As Germans sometimes say: "Kein Stress". Europe economy will colaps within one year due the refugees, so stay cool and continues to play your game with rate hike and QE's. Your doing damn good job!
why gbpjpy and eurojpy go up, usdjpy break daily level
  •  Guest
  • | IP XXX.XXX.206.155
I´m very happy with my acount after today's staement, but on the other side, very worried about the outlook of the wold´s economy.
if you are waiting for the refugees ( du kanns vergessen ) we are already taking measures it will colapsse because in the long run its just not possible, but americas economy its ok?
i dont think so
by the wai i already have shorted the usd today
hope you guys have a long run and everibody stay cool
tchus von germany
Quoting demon king
if you are waiting for the refugees ( du kanns vergessen ) we are already taking measures it will colapsse because in the long run its just not possible, but americas economy its ok?
What happened Mutti promised to take at least 800k so 750k to go, good luck.
Now this will make things more interesting. Continued promise of rate positive environment in the US, coupled with an ascending triangle on a daily e/u. Cross currents between large fund and tech influences means plenty of vol to go around. If you want to make $$$ quit whining about yellen, and get your pip rake out and make some money!

Best,

PPH
I'm betting for October
Quoting iwillwait
I'm betting for October
no way buddie inlfation has to pick up first before the market prices in a hike. Before that happens there is nothing to hike.
the state of the economy and confident market movement will determine and not the wish of some people
The really funny thing is that with this move the fed has effectively devalued the USD by about 3% and with more to come, but nobody accuses them of currency manipulation - unlike the Chinese. The really funny part is that the fed has effectively devalued the Chinese currency by the same amount as well,
Quoting jiva34
How can you say that? You got a big page of words...
Haha
54 comments
55 now
Im saying Dec Rate Hike. But price action dictates all. It's now about being right. It's about making positive PIPS!
thank you Mr Obama, a sigh of relief for the emerging economies. Bravo Zulu.
Quoting verv
Zero credibility anymore.
I know the very same thing that she wanted to improve about the Feds and now she's destroyed if even further.
Long USD, buy stawks, short gold, short silver.

Big stock market run coming, Dow to 25,000
Quoting Stockman
Long USD, buy stawks, short gold, short silver.

Big stock market run coming, Dow to 25,000
Well you are consistent.
  •  Guest
  • | IP XX.XXX.167.126
I think the Fed was going to hike rates but their RSI and MACD were already showing oversold, at least on the EUR/USD.
Quoting Guest
I think the Fed was going to hike rates but their RSI and MACD were already showing oversold, at least on the EUR/USD.
the fed use RSI MACD?
Wait for an increase in December! For now buy AUDUSD
"When the Committee decides to begin to remove policy accommodation, it will take a balanced approach consistent with its longer-run goals of maximum employment and inflation of 2 percent. The Committee currently anticipates that, even after employment and inflation are near mandate-consistent levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run".

And continue fuelling the bubble of all bubbles...
Quoting AaronWard
The really funny thing is that with this move the fed has effectively devalued the USD by about 3% and with more to come, but nobody accuses them of currency manipulation - unlike the Chinese. The really funny part is that the fed has effectively devalued the Chinese currency by the same amount as well,
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  •  Guest
  • | IP XXX.XX.42.117
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