FOMC Statement

FOMC Statement

From federalreserve.gov

Information received since the Federal Open Market Committee met in June indicates that the labor market strengthened and that economic activity has been expanding at a moderate rate. Job gains were strong in June following weak growth in May. On balance, payrolls and other labor market indicators point to some increase in labor utilization in recent months. Household spending has been growing strongly but business fixed investment has been soft. Inflation has continued to run below the Committee's 2 percent longer-run objective, partly reflecting earlier declines in energy prices and in prices of non-energy imports. ... (full story)

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Jul 27, 2016 4:24pm

It is not about rising, but the economy which gives more and more positive signs. That is good for risky assets.

There was a time in the past when good US data were lifting risky assets like EUR etc.

Maybe it is change in paradigm.

E3a

Jul 27, 2016 1:15pm

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i see EU down to least 1.06 soon

OnlineAddict

Jul 27, 2016 1:17pm

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Quoting sunpied

Disliked

hike in december

Ignored

Yes, december 2085.

OnlineAddict

Jul 27, 2016 1:18pm

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Quoting E3a

Disliked

i see EU down to least 1.06 soon

Ignored

Not sure what chart you are looking at, but EU is bullish and pointing towards 1.13-1.14. Definitely sooner than 1.06.

Not-KPMG

Jul 27, 2016 1:20pm

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Quoting OnlineAddict

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Yes, december 2085.

Ignored

I agree. Green pips my bull friend

OnlineAddict

Jul 27, 2016 1:26pm

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Quoting Not-KPMG

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I agree. Green pips my bull friend

Ignored

Thumbs Up

Ill-b-back

Jul 27, 2016 3:07pm

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It's a cut and past of past FOMC statements with a customised labor market intro. The way it draws so much discussion is amazing

taciho

Jul 27, 2016 1:15pm

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Only way DOW and ES can gain now is by having a weaker dollar. Not looking great for them yet.

NewtonsCash

Jul 27, 2016 2:10pm

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Fed can't raise again , probably ever, the World's economy has been hi jacked by a bunch of dim economic theorists .... can we please call the grown up's in

subbusuper

Jul 27, 2016 1:04pm

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Overall USD strong.. lol...

subbusuper

Jul 27, 2016 1:15pm

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Quoting cecchino

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If and say If Trump win election, you will never see a hike at least for all mandate.

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No sure my friend..

kasra79

Jul 27, 2016 1:24pm

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Quoting E3a

Disliked

i see EU down to least 1.06 soon

Ignored

i think euro up for 1.104 lool

Jul 27, 2016 1:05pm

yes, dovish

Jul 27, 2016 1:09pm

hike in december

Jul 27, 2016 1:08pm — Edited

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DOVISH

TCentral

Jul 27, 2016 4:36pm

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Quoting Ill-b-back

Disliked

It's a cut and past of past FOMC statements with a customised labor market intro. The way it draws so much discussion is amazing

Ignored

well said, and yes, most of such news in preposition market are just the next show ....
the caravan is running, the dogs are barking and the live goes on ...anyone here as a retail trader, needs to understand- u learn the game of the big boys ... or u end up pay spread and get broke - question of time ...and stop complaining ...
you play agaisnt them, you want to make money - same with them -....thats why we are on the market ...and dont cry when u loose and get outplayed , they will manage to outplay you most of the times ...so figure out ... what they do and use it against them with proper risk ...

cecchino

Jul 27, 2016 1:08pm

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No dovish no hawk, they stay. So for this year no hike!

cecchino

Jul 27, 2016 1:12pm

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Quoting sunpied

Disliked

hike in december

Ignored

If and say If Trump win election, you will never see a hike at least for all mandate.

castaluna

Jul 27, 2016 1:10pm

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RIP to all blown accounts.

matobe88

Jul 27, 2016 1:54pm

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dovish mode ......... eurusd up .......dollar index down

matobe88

Jul 27, 2016 2:13pm

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dovish on usd hawkish on others cross

Trader#B1EC

Jul 27, 2016 1:16pm

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" business fixed investment has been soft. Inflation has continued to run below the Committee's 2 percent longer-run objective"

Do you guys actually read it or just post Dovish or Hawkish to suit your motives??? Ah yes. That is what you do. Clowns!

ptlhiren

Jul 27, 2016 1:18pm

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after feds unchaged rate decision for fifth consecutive meeting...expectation of precious metal down trend.

saintjude

Jul 27, 2016 1:32pm

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the greenback boogie

Trader#24A7

Jul 27, 2016 1:40pm

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Quoting Guest

Disliked

just wait my friend global choice usd will be strong soon. If you compare between usd and euro respect to all economical condition usd must ahead.

Ignored

I couldn't agree with any less...fundamentally we only seem to have the US central bankks with the rate hike card on the table.the rest have either announce intentional to it the rate or they have already cut the rate. BUY USD

Trader#DFC8

Jul 27, 2016 2:03pm

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and go check gold and S&P on M5 - they look very similar. the first dork to get a message out of the press lock up room screamed HAWK, which was a totally false conclusion. cable climbing too, my gosh that USD is strong, just joking.

ptlhiren

Jul 27, 2016 11:19pm

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buy precious metal at current rate and wait for tgt above 1375 and 21.50 in gold and silver this week--expectation of continue down trend in us dollars