Thread: Home Sales and FOMC Interest Rate statement

Edited by admin, reported as discharged information...

When trading the FOMC, what USD pairs do people use? EUD$, $ JPY, $ CAD, GBP$, or others. NZD/USD should be intriguing, both possess interest rate statements.

Im pretty surprised to see that the GBP is back around 1.8770s until the announcement today, with everyone expecting the hawkish opinions along with also a rate unchanged and the market already transferred I wonder when we will see motion have any comments?

Nicely newstrader has given several great arguments to get a hawkish fed statment in his thread https://www.nigeriaforextrading.com/...g-journal.html.

Taking a look at the price action, resembles the market believes the exact same thing. The dollar got beat down a bit now, but let see what she does for the next few hours. The time provides us a sense for what the market considers about this statement.

Whats up with these house sales at 10am? Has housing attained a bottom? Today when we get a amount, that will blow a hole in this theory:

Mortage, as pointed by NewsTraderFX, is up and confirmed at TTN's. So that means, home is roaring again...

Hmmm bullish existing home sales later?

I'll bet you 5 house sales arrive in negative BK

I would bet a thousand, but im not that sure

Ok, although you never agreed, however, PAY UP anyway!!!

Hello Merlin is it true that the FOMC was released last time on Sept 20 2006 because there was a 40 pip fall in the GBP 2 minutes earlier than the 1:15 release time but it reversed when news was suspect to emerge and travelled 70 pips in $- direction? I thought iw was just people gettin places before the news but one of your links stated something about TTN getting the news early such as FOMC thanks

TTN reports news when it comes out. Yes, they reported the rates 2 minutes early, but because the FOMC reported two minutes. FOMC is similar to that, sometimes sometimes early. Damn bernanke!