aigamlc
01-03-2023 03:56,
In August, where the 1st no hike was made, USD streghtened. However, the 3 FOMC, USD fortify simply to weaken a few minutes.
Last October, traders were conditioned by Grep Ip the Fed is going to be extra hawkish - but the statement was same with that of September.
December statement was basically same using the last 2. These days, it is being rumored that Fed is going to be extra hawkish again (a repeat of October?) . USD bolstered by 100 pips vs GBP earlier - as what happened same!
What is important to know is will FED show indiions of rate cuts later on instead? In the end, traders were awakened that there will be a cut soon.
How can you trade FOMC later?
Me? Im after having little sleep in the NZD trade balance wait tired. I should have slept through it.
Last October, traders were conditioned by Grep Ip the Fed is going to be extra hawkish - but the statement was same with that of September.
December statement was basically same using the last 2. These days, it is being rumored that Fed is going to be extra hawkish again (a repeat of October?) . USD bolstered by 100 pips vs GBP earlier - as what happened same!
What is important to know is will FED show indiions of rate cuts later on instead? In the end, traders were awakened that there will be a cut soon.
How can you trade FOMC later?
Me? Im after having little sleep in the NZD trade balance wait tired. I should have slept through it.