FOMC Statement | Forex Factory

FOMC Statement | Forex Factory

FOMC Statement

From federalreserve.gov

Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been expanding at a moderate pace since mid-year. Job gains have been solid in recent months and the unemployment rate has declined. Household spending has been rising moderately but business fixed investment has remained soft. Inflation has increased since earlier this year but is still below the Committee's 2 percent longer-run objective, partly reflecting earlier declines in energy prices and in prices of non-energy imports. Market-based measures of ... (full story)

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Dec 14, 2016 11:47pm

Quoting Guest

Disliked

The Fed actually hiked rates? Simply incredible. I just woke up on time to see Gold indicate no rise on my model and I sold the damned thing to 1104 (which I thought was ambitious until I came here and found that the Fed actually hiked rates - damn).

The Crow (-_-)

Ignored

It's more incredible for you to think that Fed would not hike rate.

Btw, the rate hike probability had been high for this FOMC, while Bonds and USD pairs' movements had been anticipating a rate hike too.

Check this out next time.

http://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

Dec 14, 2016 6:13pm

2017 is a big year on the European political landscape .. Italy Netherlands France Germany to name the big ones.

The outcome could determine whether the EU and EURO become history.

There is a wave of unhappy people and the tsunami movement to the right is now occurring.
Whether that's the answer time will tell but its definitely change that people want

Dec 14, 2016 4:26pm

Quoting Guest

Disliked

Those of you going long on the Euro, or on anything versus the dollar right now are cray cray. How many major economies on Earth are raising rates? If anything, wait for a retrace and sell. The Euro will most likely never see 1.12 EVER again. Especially if the UK continues to show off the FASTEST growing economy on earth since they decided to leave the EU. Other countries will likely follow, not just my opinion... a few Nobel Laureates on my side with that (Italy, France, Germany, Greece to name a few potential to go next).

Ignored

so you may go long GBP against USD??

Dec 14, 2016 4:35pm

I don't believe UK will be fastest growing economy at all. They are just too old for that. Germany and France will never quit Euro. The whole Euro system is working for their benefit only. Though I agree that Euro will not see 1.12 at least till 2018. The target is 0.90-0.95. I also agree that more countries will want to exit Euro. Exiting or staying in Euro is a loose-loose game. Only thing which will save Europe is a strong global financial crisis which will cause big changes in Euro structure.

Dec 14, 2016 7:40pm

Quoting lasty

Disliked

2017 is a big year on the European political landscape .. Italy Netherlands France Germany to name the big ones.

The outcome could determine whether the EU and EURO become history.

There is a wave of unhappy people and the tsunami movement to the right is now occurring.
Whether that's the answer time will tell but its definitely change that people want

Ignored

especially if there is more violence tied to immigration......

Dec 14, 2016 8:13pm

ok so I have sell pending order for 1.04400 I figure if it breaks 1.04600 cleanly there is not much below to stop it to go to parity....if it keeps bouncing off of 1.04600 than I may think about a but with a tight SL. Any thoughts or feedback is appreciated

Dec 14, 2016 1:24pm

Quoting jakubszalafx

Disliked

so quiet here

Ignored

everybody is waiting

Dec 14, 2016 1:54pm

I am , may sound crazy , but i am sl is 1.037 , tp is 1.12

Dec 14, 2016 2:22pm

Quoting ghassforex

Disliked

good plan )) cheers same her))) but my stop 1.0350 because 1.0355 monthly support open mn and look ...?

Ignored

yeap u are right thanks

Dec 14, 2016 6:33pm

After the FOMC ,If any one short $ or long Eur ,its suicide .................. attempt ,lets try ,wait & see...

Dec 14, 2016 7:18pm

Just trade what u see not what u think

Dec 14, 2016 1:17pm

So quiet here

Dec 14, 2016 1:26pm

Good opportunity to short the DXY

i am in heavily ....for the long run....

Dec 14, 2016 1:50pm

Quoting glenngie

Disliked

EURUSD?? anyone going long......??

Ignored

Sure )))))

Dec 14, 2016 2:05pm

Quoting lioslim

Disliked

I am , may sound crazy , but i am sl is 1.037 , tp is 1.12

Ignored

Good plan )) Cheers same her))) but my stop 1.0350 because 1.0355 Monthly support open MN and look ...?

Dec 14, 2016 3:15pm

Quoting glenngie

Disliked

unless the parity heads are correct...

Ignored

Search Results
If wishes were horses, beggars would ride

Dec 14, 2016 1:38pm

uj 120 loading

Dec 14, 2016 8:20pm

Quoting shebalik

Disliked

I don't believe UK will be fastest growing economy at all. They are just too old for that. Germany and France will never quit Euro. The whole Euro system is working for their benefit only. Though I agree that Euro will not see 1.12 at least till 2018. The target is 0.90-0.95. I also agree that more countries will want to exit Euro. Exiting or staying in Euro is a loose-loose game. Only thing which will save Europe is a strong global financial crisis which will cause big changes in Euro structure.

Ignored

Uk was at one point the fastest growing economy by IMF stadards...
http://www.telegraph.co.uk/business/2016/10/04/pound-dives-to-31-year-low-and-ftse-100-smashes-7000-as-brexit-w/

Dec 14, 2016 2:24pm

Quoting lioslim

Disliked

I am , may sound crazy , but i am sl is 1.037 , tp is 1.12

Ignored

why the long position?

Dec 14, 2016 1:46pm

EURUSD?? anyone going long......??

Dec 14, 2016 2:26pm

Quoting Ghassforex

Disliked

Good plan )) Cheers same her))) but my stop 1.0350 because 1.0355 Monthly support open MN and look ...?

Ignored

unless the parity heads are correct...

Dec 14, 2016 2:32pm

looks like triple bottom forming on weekly/monthly

Dec 14, 2016 7:37pm

Quoting limzy

Disliked

Just trade what u see not what u think

Ignored

looks like it bounced off 1.046 for now

Trader#54A3

Dec 14, 2016 2:38pm

The Fed actually hiked rates? Simply incredible. I just woke up on time to see Gold indicate no rise on my model and I sold the damned thing to 1104 (which I thought was ambitious until I came here and found that the Fed actually hiked rates - damn).

The Crow (-_-)

Dec 14, 2016 3:26pm

Those who are surprised. Be prepared for another 3 or 4 surprises next year.

Trader#644B

Dec 14, 2016 4:10pm

Those of you going long on the Euro, or on anything versus the dollar right now are cray cray. How many major economies on Earth are raising rates? If anything, wait for a retrace and sell. The Euro will most likely never see 1.12 EVER again. Especially if the UK continues to show off the FASTEST growing economy on earth since they decided to leave the EU. Other countries will likely follow, not just my opinion... a few Nobel Laureates on my side with that (Italy, France, Germany, Greece to name a few potential to go next).

Trader#644B

Dec 21, 2016 7:27pm

I'm not saying to go long on the Pound, just not to short the dollar at the time that I wrote my first comment (I was right btw those of you with stop losses at 1.035 likely got popped). At this point there will likely be a retrace during the weeks leading up to inauguration. The GBP has a very telling High Court decision in January to look for and a potential triggering of article 50 in March. The Euro will be less than 1.00 USD by February... especially if they keep pumping money into banks in Italy that don't invest it well.

All that said, new sell zone on the EUR/USD looks to be around 1.055.

Trader#F588

Dec 14, 2016 1:19pm

thank goodness I have been all in cash today (no open positions) and good luck to the guys that already manufactured 5 million DOW 20,000 caps.

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Dec 14, 2016 1:00pm
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High Impact Breaking

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Linked events:

US FOMC Statement

US FOMC Press Conference