Posts Tagged ‘Minutes’
It was just a matter of time before the decent global economic data outweighed the risk emanating from the Euro debt crisis and today is that day. The release of the minutes from the RBA rate policy meeting showed that the Central bank sees global growth in its trading partners despite the threat to stability [...]
I have been waiting for a pullback on the 240-minute USD/CAD and it’s here. The set up as well as my view on trends are explained here in this video, just 11 minutes!
I look at the uptrend in the USD/CAD as well as the downtrend in the AUD/USD along with explanations of how I identify [...]
Tomorrow is the release of the BOE rate policy meeting minutes which may show the willingness for further accomodative monetary policy to offset the shrinking fiscal policy measures undertaken through government austerity. The economic data has been coming in somewhat weaker, though not alarming enough to cause major action.
Inflation in the UK had remained elevated, [...]
Quote of the day: “In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing.” – Theodore Roosevelt
EURUSD – 1.3571 @07:55 GMT
Good morning. The dollar is weaker against the EUR today after the FOMC [...]
Quote of the day: “Whenever you find that you are on the side of the majority, it is time to reform.” – Mark Twain
EURUSD – 1.3545 @07:58 GMT
Trading strategy: standing aside
Good morning. I exited my short EURUSD position for a loss as the pair returned to 1.3550/60 where it is testing resistance at time of [...]
These should be the most interesting FOMC minutes in a long time based on the Wall Street Journal article several weeks ago which highlighted the unusually large number of participants (7 of 17) who took issue with the Fed dipping its toe back into the quantitative easing waters.
From a policy perspective, Bernanke laid out several [...]
By Fast Brokers – The Aussie has brushed aside concerns about China and Goldman, registering a sizable v-shaped recovery from yesterday’s lows. The Aussie has experienced considerable strength following the release of the RBA’s minutes from its previous monetary policy meeting. The RBA implied that it is not opposed to raising rates further should demand [...]
