FX_IDC:EURUSD   Euro / U.S. Dollar
4603 12 88

We appreciate your interest in our analysis, if you agree (or not) with our work, and would like to continue reading our opinions, be part of it with your "I Like"... Thanks you!

Comment: The FOMC minutes to be released at 19.00 GMT are the highlight of today’s session. Remember that the October meeting took place before the impressive nonfarm payroll release earlier this month, so the focus will be more on the Fed’s discussion around the global economy and the risks that they have previously been looking closely at, namely China. Investors will also be very keen to hear if there is any more detail as to the likely path and timing of rate hikes beyond the first one should it come next month (not for us), as this will determine the strength of any subsequent leg higher in the dollar.
Comment: The US Dollar declined after the Federal Reserve released minutes from the October 27th to 28th meeting. Diving into the transcript, FOMC members wanted to convey that a December rate hike may be appropriate barring unanticipated shocks. Officials are encouraged by a solid pace of spending and investment. A couple of members were concerned that the wording change might have been too strong in signaling liftoff in December.
While most members agreed that December could be an appropriate time to hike rates, Fed officials said an actual decision would be dependent on data. Some policy makers even said that it is unlikely that liftoff conditions would be met. Others saw reasoning to avoid delaying tightening. Most agreed that risks from abroad are now diminished. Several Fed members said downside threats to the outlook remain.
The Minutes document seemed to fail at bolstering the case for an imminent rate hike. Two-year government bond yields fell in the aftermath of the transcript release. At the same time, S&P 500 futures – a proxy for risk sentiment – rallied. Traders may have cheered the prospect of rates staying near zero for longer as supportive for economic growth at a time when overall global performance appears to be slowing. This can bode well for risk-sensitive assets.
Comment: MONEY MANAGEMENT: Protect all your trades during US data
good trader Thank you! Good Like
Very well played...Highly admired*
Good Like
+2 Reply
Thank you greatful analisys. The rebound @ 1.0750 is temporary, the trend will go to the parity in the next 6 months. If the FED acts on the rate, and the ECB will ease the EURUSD could go to 0.95
+1 Reply
Your ideas are really brilliant... Really impressed by your trading ideas..

but my doubt is can forex trader will be millionaire?? i never heard forex millionaire.. whatever they earn everything they will lose and can save only upto 15% of profit. Am i right???
Lanmar PRO FxLoser
Yes definitely, FxLoser. Quit now before trying to make the millions.

Excellent Signalsuisse. 1.0750 is my mark.
+1 Reply
Kadhijah FxLoser
@FxLoser ; you are right. the fact is broker always win. if even can buy a new car, but how long can you go? that is what I see in my county places. lol
Super :-)
+1 Reply
kamal krty ho paandy g.very nice..adorable.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out