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What to do with the FOMC announcement

We have the usual hyped-up stand-off ahead of the actual announcement. Stop me if you’ve heard this before but I will be waiting to see what actually happens rather than get involved in a crap shoot prior ( and I choose my sporting reference carefully!)
The minutes from the last meeting showed the decision not to taper was a close call but the relevance of this stance has since been reduced/dismissed given the partial US govt shut-down and the less than accurate data releases since then.
So to t…
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stane2405 avatar
stane2405 30 Oct.

my gut tells me that traders will still prefer to sell into that with the uncertainty = SELL WHAT ?? dollar?

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EUR/USD is near the end of the trend?

As we look back on the week just gone, it has a very familiar pattern to it, the view is of yet another good week for the Euro, and another disappointing week for the dollar. We have all here at ForexLive, been banging on about how you just can`t argue with this now established trend, and the fact that recent price history is such a huge factor in influencing short term opinion, and that remains true.
The accelerated strengthening of the euro against sterling last week (in the context of the und…
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Obama knew of Merkel phone being tapped since 2010

Another German newspaper Bild am Sonntag has today reported that President Obama has in fact known since 2010.
Citing a “U.S. intelligence worker involved in the NSA operation against Merkel”, NSA chief Keith Alexander informed Obama in person about it in 2010.
Bild has quoted the source as saying.
Obama didn’t stop the operation back then but let it continue The newspaper further reports that Obama in fact wanted more material on Merkel, and ordered the NSA to compile a “comprehensive dossie…
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Daytrader21 avatar

Of course he knew....are people so stupid to believe otherwise

mag avatar
mag 28 Oct.

is DARPA most logical evolution in recent years. Everyone with smartphones down the street, people are surprised by that???? Of course Daytrader21

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Photo Crasher!

This little guy has a lot of character!
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geula4x 20 Oct.

+1 Liked: LOL I think he's smiling too! ;-)

mag avatar
mag 20 Oct.

heyyy

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Fed: Dudley speaks on regulation

Nothing on monetary policy or the outlook from the NY Fed President:
  • Need to do more to curb the odds of bank failures
  • Resolution plan not enough to solve too big to fail
The Fed can’t solve too-big-to-fail and Washington can’t solve anything.
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Change is a fearful process

Change is a fearful process:
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geula4x 19 Oct.

+1 Liked: So true! :-)

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Washington is a wound for markets that will not heal

It’s beginning to feel a little like that great film, Groundhog Day, starring Bill Murray and Andie MacDowell
But the current Fiscal Groundhog day is no comedy. According to the great Karl Marx, who said "History repeats itself, first as tragedy, second as farce", it is more likely to be a farce.
Six years ago America blew up the world’s financial system thanks to its subprime mortgage mess. And now America is threatening the world’s financial system all over again. The budget and debt
ceiling d
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mag 19 Oct.

You have gone through. Lesson master of fundamental reasoning. Congratulations. Thank you po share this thought

sonjatrader avatar

As Marx said
"No one fights the liberty; to combat the freedom of others. Freedom has existed always, but sometimes as a privilege to some, other times as a right of all."
"Political power is merely the organized power of a class to oppress another."
Well done, you are a really great thinker. Thanks for share to all. :)

mimuspolyglottos avatar

Yeah, people so sure,so sure. Keynesianism starting to turn into Marxism? When I watched M. Moore's SICKO, I asked few Q my yankee friend about the Medc/Medaid in USA and I saw so much fire-breathing, heard so much ph......ks, and made a conclusion to myself that Sicko is simply an ad of medsystem of "Yankeestan". :)))

jezz avatar
jezz 24 Oct.

I read it a while ago, and I have no clue why it isn't in my likelikelike folder :)

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Words of Wisdom!

“Only those who attempt the absurd...will achieve the impossible. I think ...I think it's in my basement...Let me go upstairs and check.”
― M.C. Escher
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Why Germans Are So Rude?


According to the stereotypes, Germans are first to grab the sunbeds, incapable of cracking a smile and rarely say "thank you".
In an attempt to dispel these myths and to fight back, Germany has launched a series of videos explaining where the misconceptions arise from and how to do business in the country.
Germany is the euro zone's largest economy and the world's second biggest exporter, making it an attractive and important country with which to do business.
The Goethe Institute, Germany's c…
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mag 18 Oct.

disagree.....

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Competitive devaluation by the US? Unthinkable

What an interesting week. The Armageddon that was really never going to happen, surprise, surprise, didn`t happen. The world has been spared the indignity of a technical default by its MVP – but in its place is a feeling of disappointment and uncertainty about the US that I find uncomfortable and not a little unsettling.
The eventual easing of the dollar this week has reflected a muted and slightly numb reaction to the outcome belatedly coming from Washington, and it is now, regrettably going to…
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