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Today !!! Fed Interest Rate Decision
Členem od Feb 22, 2011
4573 příspěvků
Dec 21, 2016 at 08:35
satishsanjit posted:mlawson71 posted:
Don’t everyone expect an interest rate increase?
Of course there will be, I came across with this article http://i-trader.uk/interest-rates-2017/ about interest rates rise on 2017, saying Fed Chairwoman Janet Yellen pointed out the lack of change in major economic indicators as a reason the central bank’s withdrawal with the hike of its target for the federal funds rate, which influences other interest rates, to a range of between 0.5 and 0.75 percent from the current band of between 0.25 and 0.5 percent.
FED did actually promised 2 rates hike in 2015.
They did one in very last month. So dont trust these info blindly.
Členem od Jul 13, 2016
33 příspěvků
Dec 23, 2016 at 13:42
@mlawson71 Only occasionally are usually promise to air, information which no can be trusted completely.
Členem od Dec 11, 2015
1462 příspěvků
Dec 24, 2016 at 11:29
tradfred posted:
@mlawson71 Only occasionally are usually promise to air, information which no can be trusted completely.
True, one should always take it with a grain of salt.
Členem od Mar 25, 2015
70 příspěvků
Dec 25, 2016 at 08:29
togr posted:RichardBills posted:togr posted:togr posted:
and within minutes EURUSD dropped 1000 pips
and from 1.06700 to 1.04700 so 2 000 pips...
Wasnt it a bloodbath?
Well, 200 pips to be precise 😄 but 2000 pipettes 😉 This like that happen during news but for some careless traders it was a bloodbath I guess.
@RichardBills
dear user without single account here on MFB
EUR/USD continues to fall, makes fresh 14-year lows
if this is not bloodbath what is it?
Sure, what I was saying is that this is how it goes, there are periods like that and now the pair is again rising. What I said was that in your example you are showing 200 pips difference, not 2000 pips 😄 So my point was just to give the precise calculation, not to argue whether it is a bloodbath or not.
Členem od Mar 25, 2015
70 příspěvků
Dec 25, 2016 at 08:30
@togr Talking about bloodbaths, I would like to refer also to what happened with the Dow Jones index around the US elections when the price moved by 1200 points within a single day - http://www.myfxbook.com/files/RichardBills/dowupdown1220points.png. Up and down, unpredictable historical movement. I personally would call this a bloodbath 😄
Členem od Nov 29, 2016
6 příspěvků
Dec 27, 2016 at 07:37
@togr Well, analyst had that high expectation of the hike, but i agree with you though, there is uncertainty anyways all the time,
Členem od Apr 17, 2015
63 příspěvků
Dec 27, 2016 at 10:06
Never trust politicians in 100%. You never know what will be their opinion tomorrow 😄
Knowledge is king!
Členem od Jun 03, 2014
51 příspěvků
Dec 27, 2016 at 17:23
RPatell posted:
Never trust politicians in 100%. You never know what will be their opinion tomorrow 😄
Very well said my friend
forex_trader_350646
Členem od Aug 09, 2016
34 příspěvků
Dec 27, 2016 at 17:32
RPatell posted:
Never trust politicians in 100%. You never know what will be their opinion tomorrow 😄
This should be a world motto!
Členem od Mar 25, 2015
70 příspěvků
Jan 17, 2017 at 13:55
naiza posted:RPatell posted:
Never trust politicians in 100%. You never know what will be their opinion tomorrow 😄
This should be a world motto!
I also agree on that. We see proofs of this motto every day! 😄
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