USD made a massive and a staggeringly move last night in just a few hours when FED released it FOMC Meeting Minutes that did not use the word, “Patient” after a long time. GBPUSD shot up 500 pips then it fell down 400 pips in just a few hours. EURUSD also shot up more than… Continue reading The Dollar Made A Massive Round Trip Last Night On Just One Word By FED
Tag: fed
Federal Reserve Bank Worried About Repeating It’s 1937 Mistake Once Again
FED officials don’t know what to do. US economic data is showing signs of strong economic recovery. FED has winded down its monetary stimulus popularly known as Quantitative Easing QE. Strong economic recovery as indicated by the data means tightening the monetary policy. But FED officials are faced with a dilemma. They did exactly that… Continue reading Federal Reserve Bank Worried About Repeating It’s 1937 Mistake Once Again
Why FED May Raise Interest Rates Sooner Than Expected?
As currency traders we need to constantly keep watch on the interest rates. Right now the interest rates in US are pretty much very close to zero. This has been the policy of FED f or many years now especially since 2008. In order to boost economic recovery FED thinks that interest rates need to… Continue reading Why FED May Raise Interest Rates Sooner Than Expected?