Menu
Sister Sites

  • Federal Reserve issues FOMC statement

    From federalreserve.gov

    Information received since the Federal Open Market Committee met in December indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Gains in employment, household spending, and business fixed investment have been solid, and the unemployment rate has stayed low. On a 12-month basis, both overall inflation and inflation for items other than food and energy have continued to run below 2 percent. Market-based measures of inflation compensation have increased in recent months but remain low; survey-based measures of longer-term inflation expectations are ... (full story)

Added at 2:02pm

  • Fed Leaves Rate Unchanged as Yellen Departs; Sets Up March Hike

    From bloomberg.com

    Federal Reserve officials, meeting for the last time under Chair Janet Yellen, left borrowing costs unchanged while adding emphasis to their plan for more hikes, setting the stage for an increase in March under her successor Jerome Powell. “The committee expects that economic conditions will evolve in a manner that will warrant further gradual increases in the federal funds rate,” the policy-setting Federal Open Market Committee said in a statement Wednesday in Washington, adding the word “further” twice to previous language. The changes to the statement, collectively acknowledging stronger growth and more ... (full story)

Added at 2:05pm

  • Here's what changed in the new Fed statement

    From cnbc.com

    This is a comparison of Wednesday's FOMC statement with the one issued after the Fed's previous policymaking meeting on December 12. Text removed from the December statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. Information received since the Federal Open Market Committee met in November December indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Averaging through hurricane - related fluctuations, job gains Gains in ... (full story)

bullshitish!!
it's gonna follow what Trump said....
He can't be fake news.
Non-event
bull
Nothing
Sell in May, I mean April, wait, no... it's March now...! LOL!
Very bullish
Bullish yes!
Why Bullish?
Trend reversal!
Not Bullish, but hawkish for dollar lol
why bullish
  • Post #13
  • Quote
  • Edited Feb 1, 2018 9:12am Jan 31, 2018 2:09pm | Edited Feb 1, 2018 9:12am
Non Event, in line, positiv tone, but a change in direction of dollar, i don't think so.

Edit, all depends on how the Dow and S&P500 are holding up. We could be in for a bigger correction...
only speaking ... because have nothing else ...
dollar up, eur fall
Quoting Dr-pip
why bullish
because Trump wants to...
There are many statement change very hawkish than at december
dollar up, maybe for an hour only
yeah you are right
very very dovish, why you are praying for your positions, they said accomodative on the mid term, and easy monetary supply.
i think market will consider it as slightly bullish with no immediate trending.
The Committee expects that economic conditions will evolve in a manner that will warrant further gradual increases in the federal funds rate;

Only above is bullish.
When Trump said dollar was too strong, the market moved slowly but sure toward weak USD, and recently Trump said that he needed strong USD ... hm ... it could be an indication where the market is going for awhile ...
just some movement for scalping.... market will go his own way...
build the wall..
Farewell Ms. Yellen, now we go from an economist to a non-economist may God be with us all, just fascinating.
Looks like they are scared to increase interest rates for fear of bursting the stock market bubble. So, with full employment and protectionism and a soaring stock market, what is the likely outcome? Anybody?
Quoting bherbrand
dollar up, maybe for an hour only
Why you are thinking so ? Whats you favor of GBP ?
Here's Alan Greenspan's view:

Frets about deficits
Says US is working its way towards stagflation
We've got to confront the deficit
Entitlements are eating into gross domestic savings
I suspect a continued fall in the dollar could have an effect on prices
Productivity has been dead in the water for almost 10 years
I think there are two bubbles: A stock market bubble and a bond market bubble
Output per hour is the key determinant of living standards

Courtesy Forexlive.com.
In the US household spending is all done on credit cards and does not strengthen economic activity, as credit card spending adds $1.2 Trillion of credit card debt to the economy each month.
This hawkish statement supports the greenback.
Market is going nowhere, big boys will decide tomorrow what they are going to do with the USD.
  •  Guest
  • | IP XXX.XXX.95.194
Quoting richtrader
When Trump said dollar was too strong, the market moved slowly but sure toward weak USD, and recently Trump said that he needed strong USD ... hm ... it could be an indication where the market is going for awhile ...
You can't be serious --- Trump says and the market moves is all you came up with? Gann would shiver in his grave.

(-_-)
wow Everybody seem quite bullish USD.... I"m not impressed by USD move.. Didn't smash any 4 hour levels.. USD Neutral to bearish still.
I'm sell it... business as usual. US dollar weak weak weak
US dollar weak weak weak
Weak president weak dollar!
Just wait until February 2. Besides another NFP, its Groundhog Day!

The Groundhog will tell traders what they should do.
So when its all said in done just trade the chart, play the edges, take what it gives ya, so much news and info ,too much for my small brain.
Quoting Guest
{quote}You can't be serious --- Trump says and the market moves is all you came up with? Gann would shiver in his grave. (-_-)
I only say what I see ... I didn't say it's 100% true, I trade what I see ... follow the market trend.
ofc hawkish for mid term and the most importaint number we need to look at is the balance of import and export, if low dollar support for selling oversea so it will be maintained around 80-89 point index..
Quoting blastusbooz
So when its all said in done just trade the chart, play the edges, take what it gives ya, so much news and info ,too much for my small brain.
Small brain make successful trader. Big brain make successful economist and analyst. Make your choice: You either want to sound smart and make yourself a name as an "EXPERT" or you want to appear stupid and make money instead.
Quoting xoc001
I'm sell it... business as usual. US dollar weak weak weak
When the crowd enters the room, its time to leave. Be the first to enter and be the first to leave. When it is business as usual, it is not usual. When all the people are selling USD, the smart money is buying it up (else who do you think is counter party buying the up the USD shorts order?). When the boat is loaded heavy with USD short, the smart money will sink the boat. Rinse and repeat. Happened before, and it will happen again and again and again ...
Quoting Hareii
{quote} When the crowd enters the room, its time to leave. Be the first to enter and be the first to leave. When it is business as usual, it is not usual. When all the people are selling USD, the smart money is buying it up (else who do you think is counter party buying the up the USD shorts order?). When the boat is loaded heavy with USD short, the smart money will sink the boat. Rinse and repeat. Happened before, and it will happen again and again and again ...
are you leaving the room when the first of the crowd is coming in or after half or after the half is really the half now..... you have to have deep pockets to follow that strategy. nothing for retailers.
$is so week from the latest records. what you gays think it will be bullish or not for the Friday.
Ad also what about eur/usd.
does it matter?...
-a good report NFP will pop the price and then take it all back in the following week.

-too soon for a strong dollar. we need one step back before we make two steps forward.
i like it above 88.25
below that not so much
https://www.screencast.com/t/xDAUlMQ69
how did you post that screen shot

i have cadchf sell... currently getting cheaper
#blasusbooz

home run after 89.0

WTF is that bitcoin?
Quoting xoc001
#blasusbooz home run after 89.0 WTF is that bitcoin?
its called jing a free program you can download from techsmith, its pretty cool , you can do screen shots and five minute videos.
Quoting blastusbooz
{quote} its called jing a free program you can download from techsmith, its pretty cool , you can do screen shots and five minute videos.
yeah think above 89 is really good,
this is a bitcoin ,come on down

https://www.screencast.com/t/FRro3SYer
nice ,now if can sustain trade above 89 that is good, of course nothing is guaranteed .
it feels good at the moment but feelings come and go so trade the numbers, make a great weekend!!!
Well dx closed up a bit not screaming like a rocket but stable for now above 89, if it can stay above that it looks like about 90.300ish. Not a promise just a plan. It seems as long as King dollar creeps higher the others go down?
dx range now 89.975 to 90.660 close above this range .. then 92.260
https://www.screencast.com/t/JFd68wasg
  •  Guest
  • | IP X.XXX.217.91
Join FF
  • Story Stats