Home NO Taper Wrap Up – All the Information

NO Taper Wrap Up – All the Information

For long weeks, expectations have been building up to the big FOMC decision, that supplied a big drama in financial markets when the Fed surprised and decided not to taper QE.

A lot has been written around the event.  Here is a wrap of everything related: the previews before the event, the breaking news, currency specific technical analysis, forward looking fundamental analysis and a video rundown:

Here goes:

Background analysis

The breaking news

  • NO QE tapering – dollar crashes: The FOMC Statement drill down, where the Fed states the reasons for waiting: tightening financial conditions and a lack of enough evidence for growth.
  • Bernanke Live Blog – Explains the NO Taper – Note that while he sees through the unemployment rate, he doesn’t rule out a move in October nor the end of QE in mid 2014. Markets ignore it for now.

Currency specific technical analysis

Fundamental Analysis


The event was hosted by Financial Juice  and featured a talk with Lior Cohen of Trading NRG and myself. Enjoy!

That’s it! Markets continue moving.

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.