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  • FOMC Minutes Preview: Beware A Dovish Surprise By A "Very Uncertain" Yellen

    From zerohedge.com

    The minutes for the FOMC’s Oct/Nov meeting will be released at 2pm today, and are expected to be uneventful, just like the Fed meeting during which the central bank held rates between 1.00% and 1.25% in a unanimous vote, as expected, and where the only notable tweak was the small upgrade in the language used to describe the US economy, which is now seen to be expanding at a “solid rate” (versus “rising moderately” before), despite the disruptions caused by the recent hurricanes. This implicit upgrade prompted the market and economists to assign a virtual certainty to a December rate hike; indeed according ... (full story)

  •  Guest
  • | IP XXX.XX.22.148
Since when did telling it as it is class as doveish or hawkish?

(-_-)
I think after FOMC Dollar gonna surge.
Isn’t Yellen’s influence limited already since she has just over two months of duty left?
  •  Guest
  • | IP XXX.XXX.117.191
The USD has been selling off the whole day. Expect a bullish reaction and strength across the board on the USD after the FOMC minutes.
Buy opportunity for EU AND GU and Sell for UJ. Started last 3 hours ago after the EVEN result of the forcast of the Core Durable Goods and the result of the unemployment claims and seconded by a dovish remark from the Yellen. My open trades are all in red. It was a fake break out down South this early evening and it made a sudden turn to North and until, it keeps going up.
  • Post #6
  • Quote
  • Edited at 5:06pm Nov 22, 2017 2:55pm | Edited at 5:06pm
Without the announcement of Tax Cuts before the end of the year the dollar will remain on the back foot, Yellen not going to take an aggressive stance, the chances of the dollar recovering by the end of the year is limited, it is time Trump catches a wake up and concentrates on internal economics and forget about N. Korea. USD/JPY fell over 300pips in 15 days worse performance of any pairing n years. The dollar cant even out perform the Zim Dollar which is atrocious......
The days of the US being an economic power house is to be questioned....
my trades are all in red.pls someone tell EU and GU to go down.
In a year of office the Trump office has seen the dollar index fall 7.14%, not even the wall Gate fiasco seen a drop like this in any Presidential Elect office
Trump wants a weaker USD for competitiveness against other industrialized countries, he is getting his wish for now.
Yes the yen is on Fire, i guess Trump and Abe must of had some good talks re the Trade imbalances with the US....I trade it all day but I'm cautious, so for now this is working out much better than i expected...... even against the high interest rate currencies, yes AUD and NZD, I hope that it will hold up, but not keeping much over night...
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  • | IP XX.XXX.223.251
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