FOMC Statement | Forex Factory

FOMC Statement | Forex Factory

FOMC Statement

From federalreserve.gov

Information received since the Federal Open Market Committee met in June suggests that economic activity expanded at a modest pace during the first half of the year. Labor market conditions have shown further improvement in recent months, on balance, but the unemployment rate remains elevated. Household spending and business fixed investment advanced, and the housing sector has been strengthening, but mortgage rates have risen somewhat and fiscal policy is restraining economic growth. Partly reflecting transitory influences, inflation has been running below the Committee's longer-run objective, but longer-term ... (full story)

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Jul 31, 2013 6:32pm

Quoting jaygee

Disliked

you are the first person i have heard refer to that, besides myself. improving economy put us closer to a rate hike which is good for both dollar AND equities.

Ignored

There is a very good reason why he is the first person (besides yourself of course) to say that.
Because everyone else knows its utter rubbish.

Tell me, how is it that the DOW is at all time record highs when the economy is so sluggish your central bank deems it necessary to monetize your debt and try to stimulate the economy?
You think a rate hike is coming soon?
Your own Fed chairman is committed to record low rates for an extended period of time.

But we are at record highs, all must be great...

Your own "buy the dip" video clearly explains that QE is responsible for the stock highs, yet you continue to live in wonderland.

Unbelievable....

Jul 31, 2013 6:47pm

Quoting Forex Kong

Disliked

This Jayjee guy - still fighting what's sitting directly in front of his face.

He he......get this anyone watching - the DOW is 30 freakin companies in a single stock market! Who cares!

It's about as relevant to Forex markets as a pile of ol Playboys.....even less so considering that "x" % of it's near term gains are solely "fed induced".

Now I'm starting to enjoy FF - for the entertainment value alone!

Ignored

Amazing isn't it.
The CNN comedy show coming to a FF near you.

Jul 31, 2013 7:05pm

Quoting jaygee

Disliked

o look, it is the "world coming to an end" gang again. when will you get sick of being wrong? o thats right, it is just the USA that is coming to an end. I am scared. please hold me. foolish people

Ignored

No one mentioned any world end scenerio, but your ability to ignore facts which you yourself have presented by video display and the obvious contradiction of central bank action and your statements is startling.
Tell me, how are we "wrong" as you mindlessly put it?

Jul 31, 2013 7:13pm

All we here from Jaygee is the same regurgitated mindless waffle recorded on mainstream media which is historically and routinely wrong.

Waiting for a logical response rather than the mindless scoffs of the panel of experts in pink suits and ponytails.

If you want to learn something Jaygee, try listening to Schiff or some alternate media who have a far better track record and actually know what they are talking about. But I warn you, the truth may scare you.

Jul 31, 2013 7:16pm

Quoting Forex Kong

Disliked

Hey Jayjee.......for fun, and seriously just for fun - can you please provide a list of Canadian cities currently "ready to file" bankruptcy?

How bout Australian?

Can you give me a list of Mexican cities / states currently in the throws of bankruptcy?

I'll take your "non response" as answer enough.

Get your head out of the sand man - it's not "coming to an end".........it's already over.

Ignored

Crikey Dude, don't make him go cold turkey, easy the facts in slowely, he's likely to go mad otherwise.

Jul 31, 2013 9:25pm

Quoting jaygee

Disliked

i am just having some fun tonight with the US bashing team. I was a little bored is all.

Ignored

And you say Spreadbetters arguements are baseless while you contradict yourself.

So you enjoy being humiliated then.
Oh dear...

Jul 31, 2013 2:53pm

Quoting newk

Disliked

The market keeps flunctuating, is it right to sell dollar?

Ignored

I posted my UJ short and went out. Came back to find that it hit TP winning 25 pips.

I read the statement which said that QE continues in its current form, no hint about maybe next month..... So I went short USD, like you I guess. The surprise is that the stock market has reacted almost flat, so maybe they are waiting for the NFP on Friday, ...or something else?

Jul 31, 2013 2:59pm

Quoting May

Disliked

No it means " I have better economy, so I do not need more QE or extend low rate!! Also if there is something that I can do it is; TAPERING!! But it is not the time I will explain wait Sept and Dec. "

So buy USD, big possibility Friday NFP is strong so best pair USDJPY for going long !!!

Ignored

Disagree. Good NFP means risk-on, that is bad for both USD and JPY. By 'bad' I mean relatively....

Aug 1, 2013 5:09am

Quoting jonathanhk

Disliked

I rely on TA+FA+SA and my indicators, last but not least some CA BS.

Ignored

Yo Jonah, didn't realise you were listening!

CA BS eh? Plenty of that around here....

Aug 1, 2013 5:35am

Quoting jonathanhk

Disliked

...Wasted my time previously coding on MT platform and trying to figure out whats new in that CA BS

Good trading to you!

Ignored

Years ago I spent a bit of time trying this sort of thing, and have since come to realise that the first requirement is a proper understanding of the market.

The second thing you need is the ability to write down in english (french or swahili) exactly what you are trying to code - if you cannot do that then you are wasting your life. As you explore that avenue you will realise how difficult it is to define the decision making process you apply to trade entry and exit.

Wishing you many more green pips than red ones!

Jul 31, 2013 1:31pm

Quoting May

Disliked

No it means " I have better economy, so I do not need more QE or extend low rate!! Also if there is something that I can do it is; TAPERING!! But it is not the time I will explain wait Sept and Dec. "

So buy USD, big possibility Friday NFP is strong so best pair USDJPY for going long !!!

Ignored

NO QE means strong dollar , what shiit u talking here.

Jul 31, 2013 1:27pm

Quoting arash66110

Disliked

it means Qe or not?

Ignored

The current pace of QE is maintained, which is against the tapering talk.

Equals = market won't be happy because they were taking all the talks of tapering seriously, and now Fed says the tapering is still not happening.

Jul 31, 2013 1:42pm

Quoting The Oracle

Disliked

that talk of tapering has seen the market pricing in; now when it is learned it is not going to materialize soon enough, us dollars are being dumped to the ground..

Ignored

Some would say it's just the beginning

Aug 1, 2013 5:15am

Quoting Exodus

Disliked

Yo Jonah, didn't realise you were listening!
CA BS eh? Plenty of that around here....

Ignored

CA BS is a closed group who I think spreadbetter mentioned that this closed group does a monthly subscription to their arrogant snobbish master, the wheel re-inventor......... come to think about it - I think there is a chance of that. So let it be

Wasted my time previously coding on MT platform and trying to figure out whats new in that CA BS

Good trading to you!

Aug 1, 2013 5:48am

Quoting Exodus

Disliked

Years ago I spent a bit of time trying this sort of thing, and have since come to realise that the first requirement is a proper understanding of the market.

The second thing you need is the ability to write down in english (french or swahili) exactly what you are trying to code - if you cannot do that then you are wasting your life. As you explore that avenue you will realise how difficult it is to define the decision making process you apply to trade entry and exit.

Wishing you many more green pips than red ones!

Ignored

True. I was just trying coding that CA BS and compared that against Bill William's chaos. Surprise surprise.....that CA BS performed exactly to Bill William's - that's reinventing the wheel and that mutt is claiming proprietary for that BS!

Most of the indicators I used were written by myself, enhanced features from known MQL script, I win I lose but so far done for the morning from last night - 1618 extension finally filled for EUR/USD at .3336 and let it ran till this morning

.

Not gloating against the CA BS group, the green pips over red pips I had for the past week washing and rinsing is more than the projected 160pips that CA BS at entry .3256 long TP .3416 SL .3165. If they are not careful, they may risk all over a week getting fook all. O dear better stop this conversation before I get a warning

May you have GREEN pips always!!!! Banana

Jul 31, 2013 1:19pm

Quoting HandsGod

Disliked

mati aja klen. mo untung tp maen cem penjudi kelas teri.

Ignored

some people may do, but market has it's own direction & circle, it's just like durian price in southeast asia...supply & demand law...
*CMIIW

Jul 31, 2013 4:21pm

Quoting Exodus

Disliked

I posted my UJ short and went out. Came back to find that it hit TP winning 25 pips.

I read the statement which said that QE continues in its current form, no hint about maybe next month..... So I went short USD, like you I guess. The surprise is that the stock market has reacted almost flat, so maybe they are waiting for the NFP on Friday, ...or something else?

Ignored

So now its waiting for NFP for why ?? But it was expecting a tapering for two fucking days without any fundamental views..... was that rational ??? Again if you look at the price it is expecting another fucking thing that BOE will be more dovish than ECB. But fact is that Draghi always tries to keep euro down.... So I don't think this is also rational too. Some say TA is far better and more accurate than FA but I say if you want to successful in FX you must have a clear knowledge of both along with luck . Luck is a must in FX... Anyways tomorrow will be a big day as two central bank reports and rate is due....

Jul 31, 2013 1:19pm

Quoting Guest

Disliked

To support a stronger economic recovery and to help ensure that inflation, over time, is at the rate most consistent with its dual mandate, the Committee decided to continue purchasing additional agency mortgage-backed securities at a pace of $40 billion per month and longer-term Treasury securities at a pace of $45 billion per month. The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing...

Ignored

Your bet is must infinity!! So Where is QE infinity and Why markets are buying USD after statement ??

Jul 31, 2013 1:28pm

No it means " I have better economy, so I do not need more QE or extend low rate!! Also if there is something that I can do it is; TAPERING!! But it is not the time I will explain wait Sept and Dec. "

So buy USD, big possibility Friday NFP is strong so best pair USDJPY for going long !!!

Jul 31, 2013 1:38pm

At the end tapering unavoidable, "people" also know this !!!

Quoting jhaye

Disliked

i 2nd this
Ppl are waiting on tapering too much.. And missing out on great trading opportunities. Im no genius but , its not hard to see the FED confidence

Ignored

Quoting jhaye

Disliked

i 2nd this
Ppl are waiting on tapering too much.. And missing out on great trading opportunities. Im no genius but , its not hard to see the FED confidence

Ignored

At the end tapering unavoidable, "people" also know this !!!

Jul 31, 2013 1:54pm

Quoting arash66110

Disliked

but bloomberg said:
U.S. Stocks Extend Gains as Fed Maintains Bond Buying
Fed Keeps $85 Billion QE Pace, Sees Risk of Disinflation

Ignored

It does not matter what bloomberg said never forget there is an editor was put this sentence but what about banks equations ?? Most of them thinks FED will start tapering by Sept. So which one important for market and prices; editor or big boys ???

Jul 31, 2013 2:21pm

I meaned by saying stocks US markets. I am not economist but there is waiting tax hike from Abe this feeds worse spending from customers so worse company profits. Goverment debt is the biggest problem for Japan.

Also my bet is not the stocks but USD. The reality is which was written in the article, money has been flowing from east to west especially USA.

The trend and equation has changed whis had been last three years. Now USA will carry morale and markets. Please compare last datas and think who have the best performance.

These can not be done one night but months and with calendar wait ECB, wait NFP.

Jul 31, 2013 1:50pm

Quoting May

Disliked

Stocks are up cos of FED's better economic forecast not QE. USD can go high with stocks. Equation has changed now morale will come from USA not China and emerging markets !!!

Ignored

but bloomberg said:
U.S. Stocks Extend Gains as Fed Maintains Bond Buying
Fed Keeps $85 Billion QE Pace, Sees Risk of Disinflation

Jul 31, 2013 1:57pm

Quoting May

Disliked

If FED taper "we do not need unhappy cos it shows US doing well and coming back !!" This is the new equation which will have been there next 6 months..

Ignored

so why usd got weak? and why Bloomberg stressed on QE
U.S. Stocks Extend Gains as Fed Maintains Bond Buying
Fed Keeps $85 Billion QE Pace, Sees Risk of Disinflation
thanks

Jul 31, 2013 1:58pm

so w

Quoting May

Disliked

It does not matter what bloomberg said never forget there is an editor was put this sentence but what about banks equations ?? Most of them thinks FED will start tapering by Sept. So which one important for market and prices; editor or big boys ???

Ignored

thanks for reply
so why usd got weak?

Jul 31, 2013 2:11pm

Quoting May

Disliked

http://www.efxnews.com/story/19993/w...-deutsche-bank

Interesting !!

Ignored

very thanks for your information
would you please tell me about Nikkei?
it should go up as stock?
and if so yen should be sold?

Jul 31, 2013 9:40pm

Quoting jaygee

Disliked

well fun time is over. have a great night everyone. you to bback.

Ignored

Night dude, sweet "dreams"

Jul 31, 2013 1:06pm

Loadsa money!!

Jul 31, 2013 1:13pm

Quoting tankokjian

Disliked

no QE = selllllll dollarrrrrr

Ignored

Yeah, but not many people are doing that right now it seems.

Aug 1, 2013 4:48am

Quoting cppolybd

Disliked

... Some say TA is far better and more accurate than FA but I say if you want to successful in FX you must have a clear knowledge of both.....

Ignored

Agree with you entirely.

Jul 31, 2013 1:13pm

Quoting JollyBean

Disliked

QE Infinity still on track lol.

Ignored

At least for next 5 years

Jul 31, 2013 10:39pm

now why gold going down it is good news for the gold to rise more and more till the next meeting. FOMC was only the fill in the blanks report. Nothing in the report when Ben Barnanke will speak he will say now we are reducing the bond purchase policy. WTH is going on very unexpected market it is. Go to Hell FOMC.

Jul 31, 2013 1:05pm

Sky Fall dance start,after 1Hr it takes to normal ,then only all are rest in positions ,now FOMC statement negative for usd ,it may further comes down ?

Jul 31, 2013 1:11pm

Now Gold is a Dead snake ?

Jul 31, 2013 1:03pm

LET THEM EAT CAKE!

Jul 31, 2013 1:57pm

Quoting jaygee

Disliked

you are the first person i have heard refer to that, besides myself. improving economy put us closer to a rate hike which is good for both dollar AND equities.

Ignored

Why is a rate hike good for equities ?

Jul 31, 2013 1:10pm

no QE = selllllll dollarrrrrr

Jul 31, 2013 1:34pm

Quoting May

Disliked

No it means " I have better economy, so I do not need more QE or extend low rate!! Also if there is something that I can do it is; TAPERING!! But it is not the time I will explain wait Sept and Dec. "

So buy USD, big possibility Friday NFP is strong so best pair USDJPY for going long !!!

Ignored

i 2nd this
Ppl are waiting on tapering too much.. And missing out on great trading opportunities. Im no genius but , its not hard to see the FED confidence

Jul 31, 2013 4:06pm

now market mixed. wait ecb press coff today and friday nfp . this is seistemic news

Jul 31, 2013 1:10pm

Quoting Fizie

Disliked

hmmmmmmmmmmm gold hmmmmmmmmmmmmmmmmm

Ignored

excellent !!!!!!!!!!!!!

Jul 31, 2013 1:04pm

No talk of tapering. Sell USD.

Jul 31, 2013 1:08pm

QE Infinity still on track lol.

Jul 31, 2013 1:22pm

Once the market realizes tapering is all talk, and that the US can't take away QE or else they'll go back into a recession, USD will hit the fan.

Jul 31, 2013 2:38pm

hmmm
paper chasing
buy EURUSD

Jul 31, 2013 1:25pm

This program caused the dollar to fall in the first place, rumor of it stopping caused the dollar to rise..... so now that it seems its not going to stop..............................?

Jul 31, 2013 2:21pm

absolutely!

Quoting HandsGod

Disliked

mati aja klen. mo untung tp maen cem penjudi kelas teri.

Ignored

Aug 1, 2013 5:05am

Quoting Exodus

Disliked

Agree with you entirely.

Ignored

I rely on TA+FA+SA and my indicators, last but not least some CA BS.

Jul 31, 2013 1:02pm

were the EU market will go ?

Jul 31, 2013 1:06pm

America needs changes that make a difference towards improving the economy, not just the same old same old.

Jul 31, 2013 1:18pm

these charts look like ben stiller's lie detector test when he was lying to robert de niro in Meet the Parents.

Jul 31, 2013 1:37pm

Quoting HandsGod

Disliked

Let the market dance. calm down, please don't click that mouse will ya. LoL

Ignored

Agreed. Think I'll go buy a cappuccino. maybe some potato chips - salt & vinegar.

Jul 31, 2013 1:20pm

Prepare for USD-Windfall.

Jul 31, 2013 1:38pm

that talk of tapering has seen the market pricing in; now when it is learned it is not going to materialize soon enough, us dollars are being dumped to the ground..

Jul 31, 2013 1:24pm

Look at your chart. i guess it is time to sell usd

Jul 31, 2013 1:31pm

Quoting shahidbaba

Disliked

Gold will go up

Ignored

agree

Jul 31, 2013 1:23pm

" ECONOMIC GROWTH WILL PICK UP FROM RECENT PACE"

Fed have better economic forecast!! Now think the equation when FED will make more QE; better forecast or worse ???

Jul 31, 2013 1:32pm

Quoting tankokjian

Disliked

NO QE means strong dollar , what shiit u talking here.

Ignored

What do you mean, I did not understand anything ??

Jul 31, 2013 1:36pm

People are waiting extending period low rates but it did not came !!!
Look at your charts and you can see huge selling was made, who are they ???

Jul 31, 2013 1:48pm

Stocks are up cos of FED's better economic forecast not QE. USD can go high with stocks. Equation has changed now morale will come from USA not China and emerging markets !!!

Jul 31, 2013 1:50pm

If FED taper "we do not need unhappy cos it shows US doing well and coming back !!" This is the new equation which will have been there next 6 months..

Jul 31, 2013 1:59pm

I have to say I am not scalper or intraday trader !! So my view is based on fundamental and long term investment !!

Jul 31, 2013 2:02pm

1.34 can be but it does not matter funds and banks they sold 1.3335. Wait tomorrow ECB and Friday NFP.
I do not have any position !!! As i explained my view above !!

Jul 31, 2013 2:07pm

http://www.efxnews.com/story/19993/why-august-time-re-build-usd-longs-deutsche-bank

Interesting !!

Jul 31, 2013 3:10pm

we will see on Friday

Jul 31, 2013 1:28pm

Committee decided to continue purchasing additional agency mortgage-backed securities at a pace of $40 billion per month and longer-term Treasury securities at a pace of $45 billion per month. The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction. Taken together, these actions should maintain downward pressure on longer-term interest rates

this means QE dependent on Jobs data still so we need to sell dollar and buy gold

Jul 31, 2013 1:36pm

Quoting jhaye

Disliked

i 2nd this
Ppl are waiting on tapering too much.. And missing out on great trading opportunities. Im no genius but , its not hard to see the FED confidence

Ignored

@jhaye Right now is it to buy or sell USD?

Jul 31, 2013 1:43pm

Quoting crowds

Disliked

how about GBP/USD it will go up or waiting until tomorrow? can give me some information.

Ignored

She should fly high, but not today because of month end. The show will play out tomorrow then the next day of tomorrow

Jul 31, 2013 1:50pm

Quoting May

Disliked

Stocks are up cos of FED's better economic forecast not QE. USD can go high with stocks. Equation has changed now morale will come from USA not China and emerging markets !!!

Ignored

you are the first person i have heard refer to that, besides myself. improving economy put us closer to a rate hike which is good for both dollar AND equities.

Jul 31, 2013 2:24pm

Quoting ForexRatVN

Disliked

She should fly high, but not today because of month end. The show will play out tomorrow then the next day of tomorrow

Ignored

Thank you for your information, i have a big hoppe that GBP/USD will fly high.

Jul 31, 2013 2:42pm — Edited

Quoting asingh601

Disliked

were the EU market will go ?

Ignored

Where it wants...

sorry, joke... in this situation it is really unknown as it is technically in indecision with the biggest competitor US. While exports are in a bit of a stagnation in the US, theoretically it might be possible for the EUR to climb against the USD few steps further, towards 1.3577. Jobless claims are in the same level for nearly a year, so things are complex in addition. Use your mind and it will be clear why on such FOMC statement everything is opposite

Jul 31, 2013 5:22pm

There is no "luck" involved with trading Forex what so ever. The only way you can make an actual "living" is to commit to a larger understanding of the fundamentals and THEN the technicals.

I could make an entry mistake of 100 pips ( although I don't ) in a heartbeat and not flinch and inch - all knowing the fundamentals are in line with my longer term trade plan.

U.S data means nothing these days as it's really just noise against a macro picture that sees interest rates rising and China slowing.

Jul 31, 2013 6:30pm

Quoting Forex Kong

Disliked

You bet RogerK - I am at complete odds with the notion of putting money at risk in currency markets...with little or no understanding of the fundamentals.

Cheers.

Ignored

you are spot on

Jul 31, 2013 6:33pm

The short term news release won't be of any consequence on any time frame larger than "mmmmmmaybe" the 1H so........

Am I bullish or bearish USD/JPY?

Super Bullish! longer term...and will look for any further weakness as a BUY OPPORTUNITY.

I like to go with the larger trends.....and as much as I am currently playing a short term bounce in USD - I am not trading USD/JPY.

I am tracking / watching this pair for buying opportunities....and hope it dives far, far far and deep as to provide better entries long.

Jul 31, 2013 6:39pm

This Jayjee guy - still fighting what's sitting directly in front of his face.

He he......get this anyone watching - the DOW is 30 freakin companies in a single stock market! Who cares!

It's about as relevant to Forex markets as a pile of ol Playboys.....even less so considering that "x" % of it's near term gains are solely "fed induced".

Now I'm starting to enjoy FF - for the entertainment value alone!

Jul 31, 2013 7:05pm

Hey Jayjee.......for fun, and seriously just for fun - can you please provide a list of Canadian cities currently "ready to file" bankruptcy?

How bout Australian?

Can you give me a list of Mexican cities / states currently in the throws of bankruptcy?

I'll take your "non response" as answer enough.

Get your head out of the sand man - it's not "coming to an end".........it's already over.

Jul 31, 2013 7:24pm

Seriously though....the naivety.

Is it any wonder how the "U.S meat grinder" continues to transfer its citizens savings accounts to its "Wall St accounts" at such a pace?

What kills me even more is that people actually "defend it" as they are being rinsed.

Ill go a lil easier - I know it must be hard for some.

Cheers Ill b back

Jul 31, 2013 7:46pm

dude, canada is just a northern buffer. great fishing too. as long as they keep russia at bay, they are doing their job. is someone getting rinsed here? you know jealousy is treatable if you go to the doc. you might need to make an appointment. just sayin

Jul 31, 2013 8:00pm

Oh and the comedy continues.

What's even sadder is that obviously this nut bar has such "extreme patriotism" it would be virtually impossible to effectively trade Forex.

Think about it........."little punk countries" - the guy actually said that with respect to Canada , Australia and Mexico.

Wow.....icing on the cake for me tonight....I thought it was funny before.

Go Jaygee go! Keep on talkin ma man!

Jul 31, 2013 8:33pm

[

Quoting Forex Kong

Disliked

Oh and the comedy continues.

What's even sadder is that obviously this nut bar has such "extreme patriotism" it would be virtually impossible to effectively trade Forex.

Think about it........."little punk countries" - the guy actually said that with respect to Canada , Australia and Mexico.

Wow.....icing on the cake for me tonight....I thought it was funny before.

Go Jaygee go! Keep on talkin ma man!

Ignored

look is your countries economy bigger than Californias? or maybe New Jersey perhaps? Your problem is you think this is a popularity contest. The US economy is ready to kick it up a notch. Are you ready for that?

Jul 31, 2013 1:14pm

what about Gold, Buy or Sell??

Jul 31, 2013 1:17pm

Quoting Gold Adviser

Disliked

Mean Gold can go upside?

Ignored

What is the best price of buying.

Jul 31, 2013 1:23pm

it means Qe or not?

Jul 31, 2013 1:42pm

U.S. Stocks Extend Gains as Fed Maintains Bond Buying

Fed Keeps $85 Billion QE Pace, Sees Risk of Disinflation

Jul 31, 2013 2:49pm

Quoting ali awan

Disliked

mean dollar makes strong and will come back tonight

Ignored

R u trading in Gold. If yes then what is ur forecast about it.

Jul 31, 2013 1:08pm

hmmmmmmmmmmm gold hmmmmmmmmmmmmmmmmm

Jul 31, 2013 1:12pm

Quoting pcca-matrix

Disliked

excellent !!!!!!!!!!!!!

Ignored

all about close above or below 1300

Jul 31, 2013 1:03pm

why audusd going up ??

Jul 31, 2013 1:04pm

nicee.. im learning n getting better at this

Jul 31, 2013 1:10pm

sounds like the FED idea for us is straighten ...<<<< Or i can be dead wrong. hmmm !!! oh well! who knows?

Jul 31, 2013 1:18pm

very complcated

Jul 31, 2013 1:26pm

Let the market dance. calm down, please don't click that mouse will ya. LoL

Jul 31, 2013 1:03pm

now going up word but real trend follow after some time may be after 10 mnt or 30 mnt

Jul 31, 2013 1:04pm

Np change.So usd/jpy target 95 within tomorrow cause nikkei also goes down.

Jul 31, 2013 1:05pm

strong for usd or weak??

Jul 31, 2013 1:06pm

usd/jpy flying cause of S&P

Trader#7B2B

Jul 31, 2013 1:07pm

To support a stronger economic recovery and to help ensure that inflation, over time, is at the rate most consistent with its dual mandate, the Committee decided to continue purchasing additional agency mortgage-backed securities at a pace of $40 billion per month and longer-term Treasury securities at a pace of $45 billion per month. The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction. Taken together, these actions should maintain downward pressure on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accommodative.

Jul 31, 2013 1:07pm

Did not reduce their threshold from 6.5% like the WSJ articled floated.

Trader#7947

Jul 31, 2013 1:11pm

"the Committee decided to continue purchasing "additional" agency mortgage-backed securities at a pace of $40 billion per month and longer-term Treasury securities at a pace of $45 billion per month." So we are at 120Bil/Month now?

Jul 31, 2013 1:14pm

Mean Gold can go upside?

Jul 31, 2013 1:18pm

how about GBP/USD it will go up or waiting until tomorrow? can give me some information.

Trader#7947

Jul 31, 2013 1:21pm

Quoting May

Disliked

Your bet is must infinity!! So Where is QE infinity and Why markets are buying USD after statement ??

Ignored

People are confused wtf is going on. They been waiting for the word "taper" for so long and not get it so they just fucking short everything anyway. Wait 1 hour and let people digest the FOMC.

Jul 31, 2013 1:24pm

Quoting Exodus

Disliked

Yeah, but not many people are doing that right now it seems.

Ignored

The market keeps flunctuating, is it right to sell dollar?

Jul 31, 2013 1:25pm

Quoting arash66110

Disliked

it means Qe or not?

Ignored

yes it does

Trader#C48D

Jul 31, 2013 1:27pm

Committee decided to continue purchasing additional agency mortgage-backed securities at a pace of $40 billion per month and longer-term Treasury securities at a pace of $45 billion per month. The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction. Taken together, these actions should maintain downward pressure on longer-term interest rates

this means QE dependent on Jobs data still so we need to sell dollar and buy gold

Jul 31, 2013 1:28pm

Gold will go up

Jul 31, 2013 2:14pm

Quoting May

Disliked

I have to say I am not scalper or intraday trader !! So my view is based on fundamental and long term investment !!

Ignored

Is the dollar getting stronger?

Jul 31, 2013 2:23pm

Quoting Muntu

Disliked

absolutely!

Ignored

mean dollar makes strong and will come back tonight

Jul 31, 2013 2:56pm

euro daily dtl tagged and rejected.

Jul 31, 2013 5:37pm

what about the GBP/USD? the movement has not been funny to me. why is it moving south?

Jul 31, 2013 6:05pm

Couldn't agree with you more. Fundamentals first then technicals as well as sticking to your tried and proven methods.

Jul 31, 2013 6:18pm

You bet RogerK - I am at complete odds with the notion of putting money at risk in currency markets...with little or no understanding of the fundamentals.

Cheers.

Jul 31, 2013 6:25pm

@forexkong do you have an idea if the CNY news in 1 and half hour will be bearish or bullish usd/jpy

Thanks

Jul 31, 2013 6:49pm

o look, it is the "world coming to an end" gang again. when will you get sick of being wrong? o thats right, it is just the USA that is coming to an end. I am scared. please hold me. foolish people

Jul 31, 2013 7:46pm

look, you live in those little punk countries. i understand

Jul 31, 2013 8:01pm

aslong as fed keeps QE intact at 85B stock seems bullish, rest market will remain extermly volatile avoid specialy gold silver

Jul 31, 2013 8:46pm

Jaygee.....I return the same type question you asked me a while back........why are you wasting your time with these types? Its the same BS every day all day. Let them enjoy a good roll in the mud!

Jul 31, 2013 8:54pm

hey baitup! long time man. i am just having some fun tonight with the US bashing team. I was a little bored is all.

Hows are things with you?

Jul 31, 2013 9:08pm

Doing OK Jaygee. Yea...I entertained myself a while back with one of them. Sent you a PM a few weeks ago. Read it if you get a chance. Good luck with your trading!

Jul 31, 2013 9:34pm

well fun time is over. have a great night everyone. you to bback.

Aug 1, 2013 12:57am

next fomc must be 200 or 300 pips rally and today euro realy and g/u rally

Trader#84FB

Jul 31, 2013 1:23pm

why dow is going down? i thought FED statement is good for equity market

Trader#18F5

Jul 31, 2013 1:27pm

very complicated still we not understand what we do mkt up then down then now upward what its doing

Trader#6764

Jul 31, 2013 1:40pm

Don't sell or buy USD now,, JUST WAIT

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Story Stats

Jul 31, 2013 1:00pm
Posted by
Newsstand

High Impact Breaking

123

45.2K
Linked events:

US FOMC Statement

US Federal Funds Rate