Lukewarm reaction on FOMC

Jul 06, 2017 at 07:04
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6 Replies
Member Since Jun 11, 2017   15 posts
Jul 06, 2017 at 07:04
Are the traders still going through the 30 pages minutes before they can make up their mind?
Simplicity is the ultimate sophistication
Member Since Dec 11, 2015   1487 posts
Jul 06, 2017 at 13:29
I think it's just because it's July. Summer months tend to be very slow, even when there are news.
Member Since Sep 12, 2015   1948 posts
Jul 06, 2017 at 20:37
I was looking at some of the data change over the last few weeks,there is certainly a bit of a slow down.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Jul 09, 2017 at 12:26
It will probably slow down even more in August. That has been the pattern for the past few years. Possibly longer too, but I've been watching for that ever since I started trading, which was a few years ago.
Member Since Jul 09, 2017   1 posts
Jul 10, 2017 at 06:31
i hope
Member Since Feb 12, 2016   522 posts
Jul 10, 2017 at 12:22
mlawson71 posted:
It will probably slow down even more in August. That has been the pattern for the past few years. Possibly longer too, but I've been watching for that ever since I started trading, which was a few years ago.

Yep :)
August is vacation time for the employees of many banks and funds, which is reflecting over the volumes traded on the market and market change a bit its behavior.
Member Since Dec 11, 2015   1487 posts
Jul 10, 2017 at 13:09
BaldoN posted:
mlawson71 posted:
It will probably slow down even more in August. That has been the pattern for the past few years. Possibly longer too, but I've been watching for that ever since I started trading, which was a few years ago.

Yep :)
August is vacation time for the employees of many banks and funds, which is reflecting over the volumes traded on the market and market change a bit its behavior.

I've noticed that too. Mostly because it's very difficult to trade during that period of the year, just like it is around the Winter holidays.
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