Comments on: Fed Found a Third Way – Markets Back to Normal

By: Forex Weekly Outlook – March 15-19 | Forex Crunch

Forex Weekly Outlook – March 15-19 | Forex Crunch — Sun, 14 Mar 2010 09:05:38 +0000

[...] American rate decision: Published on Tuesday at 18:15 GMT. Ben Bernanke already made his move out of the usual cycle – the “mini rate hike” of the discount rate shocked the markets and signaled that the Federal Reserve will probably be more aggressive than other central banks. Will they finally drop the wording “an extended period of time” for the interest rate? As usual, the FOMC Statement will be in the limelight, as the Federal Funds Rate isn’t expected to move. Note that the statement can be very confusing. [...]

By: Forex Weekly Outlook – February 15-19 | Forex Crunch

Forex Weekly Outlook – February 15-19 | Forex Crunch — Sat, 13 Feb 2010 10:02:01 +0000

[...] Meeting Minutes: Published on Wednesday at 19:00 GMT. Although the wording of the statement hasn’t changed, there was one surprise in the recent American rate decision – one [...]

By: Forex Weekly Outlook – January 4-8 2010 | Forex Crunch

Forex Weekly Outlook – January 4-8 2010 | Forex Crunch — Sat, 02 Jan 2010 16:27:06 +0000

[...] in the US, the FOMC Meeting Minutes will shed some more light on the confusing FOMC Statement that eventually pushed the dollar [...]

By: Forex Weekly Outlook – December 21-25 | Forex Crunch

Forex Weekly Outlook – December 21-25 | Forex Crunch — Mon, 21 Dec 2009 17:31:41 +0000

[...] Ben Bernanke’s mixed message in the FOMC Statement will continue to shake the markets for quite some time. He managed to keep the markets balanced for a short period of 6 hours, before the bulls began to rage. OK, let’s start the review: [...]

By: Canadian CPI Saves Loonie from the Greenback Storm | Forex Crunch

Canadian CPI Saves Loonie from the Greenback Storm | Forex Crunch — Thu, 17 Dec 2009 13:12:09 +0000

[...] counterpart from the south, Ben Bernanke, continued the stance of low rates for an extended period of time. Note that American CPI, that was published just yesterday, came out below expectations – [...]

By: berto

berto — Wed, 16 Dec 2009 23:17:29 +0000

You’re quite right sir…I read your article as: leave out…rather than “leave…”.

By: Yohay

Yohay — Wed, 16 Dec 2009 23:11:12 +0000

bento, thanks for your comment.
The wording of an “extended period of low rates” is dollar-bearish. It means that the rates will stay low for a long time, making the dollar unattractive. Removing these words would mean that a rate hike will happen sooner, making the dollar more attractive.

By: berto

berto — Wed, 16 Dec 2009 23:06:58 +0000

wouldn’t leaving out “extended period” be more likely to send the dollar up? If it’s perceived that he will raise interest rates anytime soon…traders would be more likely to jump out of their short dollar positions…as they’ve been doing in Aud/Usd…and others because of recently strong job numbers. Thanks for your analyses though…

By: Forex Daily Outlook – December 17th 2009 | Forex Crunch

Forex Daily Outlook – December 17th 2009 | Forex Crunch — Wed, 16 Dec 2009 22:51:34 +0000

[...] goes on after the FOMC Statement which creatively left the market unchanged. Today’s highlights are British retail sales, [...]