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 QE Tapering Preview: 5 Reasons, 6 Scenarios and 7 Potential Currency Reactions – The surprising scenario won, and the reasons for tapering didn’t match the views of the Fed. The strength of GBP and NZD was foreseen, and so was the weakness of the yen, but not all were hits. Time for Taper – Everything seemed ready. We’ll have to wait once again. Fed tapering could trigger new financial crisis – Is that the main motive for the Fed to wait? 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 EUR/USD at 7 month high, above uptrend resistance after Fed surprise – can it continue? – The common currency now looks at the year-to-date high of 1.3710, but German elections are looming. GBP/USD Bursts to new highs following the Fed surprise – The pound was certainly resilient before the announcement and got back well above 1.60. USD/JPY post FOMC fall limited by uptrend support – 5 reasons for yen relative weakness – The yen could be singled out as a loser – gains were erased. Canadian dollar celebrates quietly after the Fed – USD/CAD parity still far – The Canadian dollar needs a strong US economy to ride on, and Bernanke doesn’t see it that way. AUD/USD surges to high resistance after the Fed surprise – The Aussie found it hard to break above resistance beforehand, and now its “risk” status pushes it higher despite domestic worries. NZD/USD is a big winner of the Bernanke Blowout – Where next? – Major levels have been broken. Fundamental Analysis Fed’s tapering decision should support risk currencies for a while – Justin Pugsley looks at the big winners of the decision Markets in buying frenzy following the FOMC “No taper” announcement Ditching the dollar – Simon Smith examines the surprise. Video 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. Yohay's Google Profile View All Post By Yohay Elam Opinions share Read Next Forex Daily Outlook September 20 2013 Anat Dror 9 years 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 QE Tapering Preview: 5 Reasons, 6 Scenarios and 7 Potential Currency Reactions - The surprising scenario won, and the reasons for tapering didn't match the views of the Fed. The… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk.4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk.5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.