"Permit me to issue and control the money of a nation, and I care not who makes its laws!"
Who CONTROLS the market ? The small group of monopoly economists, who conspire together in a small room at Jackson hole ? Or the market ?
Dating back to the creation of the federal reserve, to today we see the correlation and who LEADs the market. Go figure its the "market".
3 month US treasury bonds lead the Federal Reserves decisions. What does this mean ? This allows for individuals, such as forexfactory members, to capitalize on sound trading decisions to profit!! Please observe each time the federal reserve would change the banks lending rate, the 3 month US treasury bond leads, the FEDs decision.
What does this mean ? Observing the 3 month US treasury bond yield, is the driving force of the federal reserve decision. The Federal Reserve is a lagging indicator. However the forex market seems to be some what neglecting the treasury bonds direction. Something to watch for in the future.
To further support this claim on Dec 3rd when Janet Yellen testified in front of the congress, stating " Federal Reserve Chair Janet Yellen told Congress Thursday that economic conditions appear to be improving enough for policymakers to raise interest rates when they meet in two weeks as long as there are no major shocks that undermine confidence."
3 month treasury bonds rose from .11% on november 15th to .21% on Dec 3rd to .29% on Dec 15th.
The largest increase since March 2009.
Who CONTROLS the market ? The small group of monopoly economists, who conspire together in a small room at Jackson hole ? Or the market ?
Dating back to the creation of the federal reserve, to today we see the correlation and who LEADs the market. Go figure its the "market".
3 month US treasury bonds lead the Federal Reserves decisions. What does this mean ? This allows for individuals, such as forexfactory members, to capitalize on sound trading decisions to profit!! Please observe each time the federal reserve would change the banks lending rate, the 3 month US treasury bond leads, the FEDs decision.
What does this mean ? Observing the 3 month US treasury bond yield, is the driving force of the federal reserve decision. The Federal Reserve is a lagging indicator. However the forex market seems to be some what neglecting the treasury bonds direction. Something to watch for in the future.
To further support this claim on Dec 3rd when Janet Yellen testified in front of the congress, stating " Federal Reserve Chair Janet Yellen told Congress Thursday that economic conditions appear to be improving enough for policymakers to raise interest rates when they meet in two weeks as long as there are no major shocks that undermine confidence."
3 month treasury bonds rose from .11% on november 15th to .21% on Dec 3rd to .29% on Dec 15th.
The largest increase since March 2009.
Learn, a forex trader must, unlearn and relearn he will.