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  • Fed Leaves Rates Unchanged, Signals 2016 Hike Still Likely

    From bloomberg.com

    A divided Federal Reserve left its policy rate unchanged for a sixth straight meeting, saying it would wait for more evidence of progress toward its goals, while projecting that an increase is still likely by year-end. “Near-term risks to the economic outlook appear roughly balanced,” the Federal Open Market Committee said in its statement Wednesday after a two-day meeting in Washington. “The Committee judges that the case for an increase in the federal funds rate has strengthened but decided, for the time being, to wait for further evidence of continued progress toward its objectives.” The decision extends ... (full story)

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  • Comment #1
  • Quote
  • Sep 21, 2016 2:04pm Sep 21, 2016 2:04pm
  •  NewtonsCash
  • Joined Mar 2014 | Status: Member | 2580 Comments
My Arse, Buy Gold and enjoy the ride
 
 
  • Comment #2
  • Quote
  • Sep 21, 2016 2:07pm Sep 21, 2016 2:07pm
  •  althar
  • | Joined Apr 2011 | Status: Member | 467 Comments
Surprise!
 
 
  • Comment #3
  • Quote
  • Sep 21, 2016 2:08pm Sep 21, 2016 2:08pm
  •  ChinaTraderz
  • Joined Dec 2015 | Status: Sloth (Folivora) | 321 Comments
What a sick decision. Waste my time waiting whole night.
 
 
  • Comment #4
  • Quote
  • Sep 21, 2016 2:09pm Sep 21, 2016 2:09pm
  •  edyraper
  • Joined Dec 2014 | Status: Klugscheißer | 119 Comments
No complain here ....
 
 
  • Comment #5
  • Quote
  • Sep 21, 2016 2:14pm Sep 21, 2016 2:14pm
  •  forexings
  • | Joined Sep 2009 | Status: Membership Revokеd | 609 Comments
Yes yes... Signals 2016 Hike Still Likely
It was 4 rate hike in January now turned out still likely 1 rate hike.

Why would I only blame Federal Reserve! Bunch of fraudsters run Central Bank. But I will give full credit to those mofos who are controlling traders mind by making game plan and using this kind of sh*t media.
You cannot learn better without losing
 
 
  • Comment #6
  • Quote
  • Sep 21, 2016 2:16pm Sep 21, 2016 2:16pm
  •  hosemaster
  • | Joined Sep 2012 | Status: Member | 197 Comments
G'bye to u/y 100
Forever learning....
 
 
  • Comment #7
  • Quote
  • Sep 21, 2016 2:18pm Sep 21, 2016 2:18pm
  •  forexings
  • | Joined Sep 2009 | Status: Membership Revokеd | 609 Comments
Now if yellen gives the market any bit of hope for December rate hike. USD will start killing. Traders won't mind what Fed did just now.
You cannot learn better without losing
 
 
  • Comment #8
  • Quote
  • Sep 21, 2016 2:18pm Sep 21, 2016 2:18pm
  •  johNal
  • | Joined Mar 2012 | Status: Member | 32 Comments
collected some crumps. would have wished for more but hey, any $ is welcome
 
 
  • Comment #9
  • Quote
  • Sep 21, 2016 2:19pm Sep 21, 2016 2:19pm
  •  Ghassforex
  • | Joined Sep 2016 | Status: Member | 1119 Comments
Quoting ChinaTraderz
Disliked
What a sick decision. Waste my time waiting whole night.
Ignored
Dude i was correct 1000000% you remenber???????
 
 
  • Comment #10
  • Quote
  • Sep 21, 2016 2:20pm Sep 21, 2016 2:20pm
  •  Ghassforex
  • | Joined Sep 2016 | Status: Member | 1119 Comments
Quoting ChinaTraderz
Disliked
What a sick decision. Waste my time waiting whole night.
Ignored
Dude i was correct 1000000% you remenber???????
Quoting ChinaTraderz
Disliked
What a sick decision. Waste my time waiting whole night.
Ignored
I already advice you my dear .Good Luck
 
 
  • Comment #11
  • Quote
  • Sep 21, 2016 2:21pm Sep 21, 2016 2:21pm
  •  nairate
  • Joined Nov 2014 | Status: We trust | 9 Comments
There is no commitment for a hike here but there is clearly a hike coming so you have to buy the US dollar here. The initial reaction is USD weakness, and that's understandable because there were people saying the Fed would hike, but the longer-term is what matters and Yellen made it clear that a hike is coming and it won't be long.
 
 
  • Comment #12
  • Quote
  • Sep 21, 2016 2:22pm Sep 21, 2016 2:22pm
  •  fxx360
  • | Joined Dec 2011 | Status: Member | 875 Comments
Janet Yellen is political.......she held off because of the election and this was widely expected.

Now I am enjoying toe ride down on the DXY .....hehehe!
 
 
  • Comment #13
  • Quote
  • Sep 21, 2016 2:25pm Sep 21, 2016 2:25pm
  •  Sanguis
  • | Joined Oct 2011 | Status: Member | 2845 Comments
FOMC press conference on Fed's latest non-action starting in 5 minutes.
 
 
  • Comment #14
  • Quote
  • Sep 21, 2016 2:30pm Sep 21, 2016 2:30pm
  •  xjames26
  • | Joined Apr 2009 | Status: Member | 192 Comments
Quoting nairate
Disliked
There is no commitment for a hike here but there is clearly a hike coming so you have to buy the US dollar here. The initial reaction is USD weakness, and that's understandable because there were people saying the Fed would hike, but the longer-term is what matters and Yellen made it clear that a hike is coming and it won't be long.
Ignored
Excuse me by "won't be long" period you mean her two years of bla bla FOMC speech about rate hike?
 
 
  • Comment #15
  • Quote
  • Sep 21, 2016 2:32pm Sep 21, 2016 2:32pm
  •  Sanguis
  • | Joined Oct 2011 | Status: Member | 2845 Comments
Yellen: Case for hikes has strengthened, but decided to wait for evidence of further progress
 
 
  • Comment #16
  • Quote
  • Sep 21, 2016 2:33pm Sep 21, 2016 2:33pm
  •  ChinaTraderz
  • Joined Dec 2015 | Status: Sloth (Folivora) | 321 Comments
Quoting Ghassforex
Disliked
Dude i was correct 1000000% you remenber???????
I already advice you my dear .Good Luck
Ignored
Come on boy. Do you know how to calculate reward ratio? Look at those equities, does it goes up even no hike? No harm even no hike, it is a stage for December thought. I am quite happy with the results but if a surprise hike, I can happy for at least a week just like Brexit.
 
 
  • Comment #17
  • Quote
  • Sep 21, 2016 2:36pm Sep 21, 2016 2:36pm
  •  Sanguis
  • | Joined Oct 2011 | Status: Member | 2845 Comments
Yellen notes inflation still short of objective given base effects
 
 
  • Comment #18
  • Quote
  • Sep 21, 2016 2:40pm Sep 21, 2016 2:40pm
  •  kenyanpiper
  • | Joined Jun 2015 | Status: piping | 26 Comments
the most important thing to me is that the market will still be there to trade tomorrow, i do not care even if no rate cut or hike comes in my life time.
 
 
  • Comment #19
  • Quote
  • Sep 21, 2016 2:44pm Sep 21, 2016 2:44pm
  •  salman81
  • | Joined Sep 2015 | Status: Member | 8 Comments
enjoy the ride on gold
 
 
  • Comment #20
  • Quote
  • Sep 21, 2016 2:51pm Sep 21, 2016 2:51pm
  •  Sanguis
  • | Joined Oct 2011 | Status: Member | 2845 Comments
Yellen: Appropriate timing in reducing stimulus: most participants FOMC expect rate hike this year
 
 
  • Comment #21
  • Quote
  • Sep 21, 2016 3:01pm Sep 21, 2016 3:01pm
  •  Ghassforex
  • | Joined Sep 2016 | Status: Member | 1119 Comments
Quoting ChinaTraderz
Disliked
Come on boy. Do you know how to calculate reward ratio? Look at those equities, does it goes up even no hike? No harm even no hike, it is a stage for December thought. I am quite happy with the results but if a surprise hike, I can happy for at least a week just like Brexit.
Ignored
Boy not always you must to be happy agree with me and go sleep and cry with your reward ratio ...upppp take calculator for the bed with you lol
 
 
  • Comment #22
  • Quote
  • Sep 21, 2016 3:03pm Sep 21, 2016 3:03pm
  •  Ghassforex
  • | Joined Sep 2016 | Status: Member | 1119 Comments
Quoting Ghassforex
Disliked
Boy not always you must to be happy agree with me and go sleep and cry with your reward ratio ...upppp take calculator for the bed with you lol
Ignored
i say 100 pips up look to GBP/USD and calculate low and high lol lol
 
 
  • Comment #23
  • Quote
  • Sep 21, 2016 3:05pm Sep 21, 2016 3:05pm
  •  Sanguis
  • | Joined Oct 2011 | Status: Member | 2845 Comments
Yellen: There are risks in waiting too long to hike
 
 
  • Comment #24
  • Quote
  • Sep 21, 2016 3:26pm Sep 21, 2016 3:26pm
  •  Guest
  • | IP XXX.XX.160.168
Damn...have been smiling the whole day expecting a 179 PIPS to grap on a sharp volatility. Yellen...you served me another PinBar.
Black wednesday
 
 
  • Comment #25
  • Quote
  • Sep 21, 2016 3:27pm Sep 21, 2016 3:27pm
  •  papaizo
  • | Joined Dec 2015 | Status: Member | 45 Comments
Yellen and Kuronda are two financial market Blasters who have mastered the art of giving false hope to the investors with their empty rhetoric!!
 
 
  • Comment #26
  • Quote
  • Sep 21, 2016 4:26pm Sep 21, 2016 4:26pm
  •  frx_trader
  • | Joined Jun 2012 | Status: Analyst | 3129 Comments
From my understanding. Yellen is playing some sorts of game. Clearly she said she would hike the rate. Now she says let's wait and see.

She should just say. FED will hike rate at the least expected moment. So watch out if USD hit the bottom. That could be a sign FED will hike the rate.

Let's play her game.
 
 
  • Comment #27
  • Quote
  • Sep 21, 2016 7:19pm Sep 21, 2016 7:19pm
  •  lasty
  • Joined Aug 2008 | Status: Member | 1423 Comments
With the US election being so close and so close the choice was always going to be Dec.
Dont think the Fed works independently.
There is so much undermining going on with the Obama administration
 
 
  • Comment #28
  • Quote
  • Sep 22, 2016 7:07am Sep 22, 2016 7:07am
  •  cat
  • Joined Oct 2010 | Status: Member | 445 Comments
At the beginning of the year, it was four rate hikes from the US Federal Reserve this year, and now here we are in September and not one...what a joke!!

So Janet Yellen once again tells the US public that the economy is doing great, ignoring all the bad data, but continues not to raise rates, denying in the process that the Fed is politically motivated ahead of the November elections. If you believe that, you'll believable anything.

The only way the Fed will raise rates at the next FOMC meeting in December is if Donald Trump is in the Oval Office, so that they can then blame the ensuing market chaos and the continuing collapsing economy on him.
 
 
  • Comment #29
  • Quote
  • Sep 25, 2016 10:34am Sep 25, 2016 10:34am
  •  Noorx
  • | Commercial Member | Joined Jun 2016 | 63 Comments
Quoting kenyanpiper
Disliked
the most important thing to me is that the market will still be there to trade tomorrow, i do not care even if no rate cut or hike comes in my life time.
Ignored
 
 
  • New Comment
  •  Guest
  • | IP XX.XXX.173.144
Join FF
  • Story Stats
  • Posted: Sep 21, 2016 2:02pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 29  /  Views: 11,254
  • Linked events:
    USD FOMC Economic Projections
    USD Federal Funds Rate
    USD FOMC Press Conference
    USD FOMC Statement
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