• Home
  • Forums
  • News
  • Calendar
  • Coins
  • Market
  • Login
  • Join
  • 11:01am
Menu
  • Forums
  • News
  • Calendar
  • Coins
  • Market
  • Login
  • Join
  • 11:01am
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Forex Factory
  • Story Log
User Time Action Performed
  • Minutes of the Federal Open Market Committee November 1-2, 2022

    From federalreserve.gov Story is in PDF Format

    The Chair began with a discussion of ethical standards and acknowledged the great privilege and heavy responsibility that come with being entrusted to make policy decisions. There was agreement that the Federal Reserve can be effective only when there is a foundation of public trust. Participants reaffirmed the importance of holding themselves and their staffs accountable for knowing and following the high ethical standards that are set in the Committee’s policies, including those on financial transactions and disclosure and on external communications. Developments in Financial Markets and Open Market Operations ... (full story)

Added at 2:00pm
  • [DB] Most Fed Officials Backed Slowing the Pace of Rate Hikes Soon: BBG

    — db (@tier10k) November 23, 2022
Added at 2:01pm
  • Fed minutes: participants observed that the labour market remained tight; many noted tentative signs that it may be gradually moving toward a better balance of supply and demand.

    — BTBMarkets (@BTBMarkets) November 23, 2022
Added at 2:01pm
  • FED MINUTES: PARTICIPANTS AGREED THAT THERE WERE FEW SIGNS OF INFLATION PRESSURES EASING.

    — Breaking Market News (@financialjuice) November 23, 2022
Added at 2:01pm
  • FED MINUTES: PARTICIPANTS AGREED THAT A SLOWER PACE OF RATE HIKES WOULD ALLOW THE FOMC TO BETTER ASSESS PROGRESS TOWARD ITS GOALS "GIVEN THE UNCERTAIN LAGS" ASSOCIATED WITH MONETARY POLICY.

    — Breaking Market News (@financialjuice) November 23, 2022
  • Comments
  • Comment
  • Subscribe
  • Comment #1
  • Quote
  • Nov 23, 2022 2:05pm Nov 23, 2022 2:05pm
  •  Wigglesworth
  • | Joined Jul 2012 | Status: Member | 40 Comments
A bunch of ineffective elitists with big degrees doing nothing to help the economy, talking a lot, yet saying nothing.
 
1
  • Comment #2
  • Quote
  • Nov 23, 2022 2:06pm Nov 23, 2022 2:06pm
  •  Bakker
  • Joined Jun 2011 | Status: Member | 3128 Comments
I think they have actually no clew what to do.
 
1
  • Comment #3
  • Quote
  • Nov 23, 2022 2:09pm Nov 23, 2022 2:09pm
  •  Guest
  • | IP XX.XXX.125.78
Quoting Bakker
Disliked
I think they have actually no clew what to do.
Ignored
That's right , they don't, cause none of them had a "real" job and actually ran a company, made a budget, or product to sell, or had a payroll to cover every 2 weeks.
 
 
  • Comment #4
  • Quote
  • Nov 23, 2022 2:10pm Nov 23, 2022 2:10pm
  •  abdulrouf.ah
  • | Joined May 2017 | Status: Junior Member | 1 Comment
FOMC = destroy economy
 
1
  • Comment #5
  • Quote
  • Nov 23, 2022 2:14pm Nov 23, 2022 2:14pm
  •  Ftmofx
  • | Commercial Member | Joined Feb 2022 | 847 Comments
GBP will get more opportunities. We should focus on the pound and will more strong especially GBP/JPY is on the long way to 180
 
 
  • Comment #6
  • Quote
  • Nov 23, 2022 2:16pm Nov 23, 2022 2:16pm
  •  Banditten
  • Joined Sep 2019 | Status: Member | 1303 Comments
Dont be mad. Just trade it and let it go. Because you think FED is ruining the greater economy you might as well profit from it anyway.
 
 
  • Comment #7
  • Quote
  • Nov 23, 2022 2:31pm Nov 23, 2022 2:31pm
  •  Guest
  • | IP XXX.XXX.120.41
Quoting Wigglesworth
Disliked
A bunch of ineffective elitists with big degrees doing nothing to help the economy, talking a lot, yet saying nothing.
Ignored
That is what they are paid to do and not to actually run the economy. They actually deserve bonuses as things stand. Been working really hard at extremely tough jobs.

The Crow (-_-)
 
 
  • Comment #8
  • Quote
  • Edited 2:45pm Nov 23, 2022 2:35pm | Edited 2:45pm
  •  TheWolf
  • Joined May 2022 | Status: I'm Done | 205 Comments
Quoting Ftmofx
Disliked
GBP will get more opportunities. We should focus on the pound and will more strong especially GBP/JPY is on the long way to 180
Ignored
I have actually already started to short this pair. Fed just admitted a defeat and they are expecting a recession next year. Time to buy Yen.

Thing is GB is first to enter recession in my opinion, then Europe and then US.

If there is another buy coming on this pair I can say with confidence it's going to be the last one.

USD/JPY price should reach 135 perhaps even this week.

The thing I'm looking for on GBP/JPY is when we get more percentage of traders net long on this pair, the crash will be imminent.

I hope you're right, we'll have much better price to start shorting from all the way down to parity once recession hits.

Also, market seems very quiet at the moment. Calm before the storm, Fed is done and now the market will get wild.
1
 
  • Comment #9
  • Quote
  • Nov 23, 2022 2:40pm Nov 23, 2022 2:40pm
  •  Guest
  • | IP XXX.XX.227.176
So what new information did we learn from this? Because I can’t find anything new that we haven’t heard already..
 
 
  • Comment #10
  • Quote
  • Nov 23, 2022 2:47pm Nov 23, 2022 2:47pm
  •  Ftmofx
  • | Commercial Member | Joined Feb 2022 | 847 Comments
Quoting TheWolf
Disliked
{quote} I have actually already started to short this pair. Fed just admitted a defeat and they are expecting a recession next year. Time to buy Yen. Thing is GB is first to enter recession in my opinion, then Europe and then US. If there is another buy coming on this pair I can say with confidence it's going to be the last one. USD/JPY price should reach 135 perhaps even this week. The thing I'm looking for on GBP/JPY is when we get more percentage of traders net long on this pair, the crash will be imminent. I hope you're right, we'll have much...
Ignored
Really short? Technically GBP/JPY is on a strong buy and rallied to 180. You wait and see. It was a stochastic H1 minor correction and complete it. Now buy will start slow to hawkish.
 
 
  • Comment #11
  • Quote
  • Nov 23, 2022 2:47pm Nov 23, 2022 2:47pm
  •  Guest
  • | IP XX.XX.69.166
The fed will keep tightening until we're in a full-swing recession or a financial accident happens on wall st, as inflation is still running the fed is not going to pivot most likely a slowdown in rate hikes.
 
 
  • Comment #12
  • Quote
  • Nov 23, 2022 2:51pm Nov 23, 2022 2:51pm
  •  TheWolf
  • Joined May 2022 | Status: I'm Done | 205 Comments
Quoting Ftmofx
Disliked
{quote} Really short? Technically GBP/JPY is on a strong buy and rallied to 180. You wait and see. It was a stochastic H1 minor correction and complete it. Now buy will start slow to hawkish.
Ignored
Either could be right. We'll see..
Will the market go wild and start buying Yen as Fed's prognosis is that the world is heading into a recession next year?

We'll see tommorow where we stand, you could be right.. as said, I hope you are!
 
 
  • Comment #13
  • Quote
  • Nov 23, 2022 2:59pm Nov 23, 2022 2:59pm
  •  Ftmofx
  • | Commercial Member | Joined Feb 2022 | 847 Comments
Quoting TheWolf
Disliked
{quote} Either could be right. We'll see.. Will the market go wild and start buying Yen as Fed's prognosis is that the world is heading into a recession next year? We'll see tommorow where we stand, you could be right.. as said, I hope you are!
Ignored
Still, we did not get the yen to buy confirmation yet. When the yen will start to buy GBP/JPY will reach to 180
 
 
  • Comment #14
  • Quote
  • Nov 23, 2022 3:13pm Nov 23, 2022 3:13pm
  •  mrone
  • | Joined Nov 2022 | Status: Junior Member | 2 Comments
Quoting Guest
Disliked
The fed will keep tightening until we're in a full-swing recession or a financial accident happens on wall st, as inflation is still running the fed is not going to pivot most likely a slowdown in rate hikes.
Ignored
I agree, GBPJPY is in a solid uptrend especially after PMI data that came positive, GB's recession risk is still a threat but not in the near term.
 
 
  • Comment #15
  • Quote
  • Nov 23, 2022 3:18pm Nov 23, 2022 3:18pm
  •  Bakker
  • Joined Jun 2011 | Status: Member | 3128 Comments
Quoting Vancarbon
Disliked
{quote} "Clue"
Ignored
Yah, sorry for the mishap. Didn't even notice it.
 
 
  • Comment #16
  • Quote
  • Nov 23, 2022 5:11pm Nov 23, 2022 5:11pm
  •  breakoutpips
  • | Joined Sep 2017 | Status: Mancing... | 15 Comments
Quoting Ftmofx
Disliked
GBP will get more opportunities. We should focus on the pound and will more strong especially GBP/JPY is on the long way to 180
Ignored
going to 160
“Do not lose hope, nor be sad.”
 
1
  • Comment #17
  • Quote
  • Nov 23, 2022 10:59pm Nov 23, 2022 10:59pm
  •  Logufx
  • | Joined Aug 2022 | Status: Member | 22 Comments
EU will go to 1.06000 or 1.10000 depending upon the next week non farm payroll is bad....if NFP is good then it will drop like anything

GBP is gonna be bullish for sure as inflation is at 11 it will bring up the interest rates and hence bullish
 
 
  • Comment #18
  • Quote
  • Nov 24, 2022 3:33am Nov 24, 2022 3:33am
  •  umbrella man
  • | Joined Aug 2009 | Status: Member | 506 Comments
Quoting Logufx
Disliked
EU will go to 1.06000 or 1.10000 depending upon the next week non farm payroll is bad....if NFP is good then it will drop like anything GBP is gonna be bullish for sure as inflation is at 11 it will bring up the interest rates and hence bullish
Ignored
I doubt job numbers will be bad considering we’re in the holiday season.
 
 
  • Comment #19
  • Quote
  • Nov 25, 2022 5:57am Nov 25, 2022 5:57am
  •  TheWolf
  • Joined May 2022 | Status: I'm Done | 205 Comments
Quoting Ftmofx
Disliked
{quote} Really short? Technically GBP/JPY is on a strong buy and rallied to 180. You wait and see. It was a stochastic H1 minor correction and complete it. Now buy will start slow to hawkish.
Ignored
You were right I think. We should probably hold longs until 175, perhaps 180. 171 we already have in our pockets. 175 will be tough no doubt about it. I will not buy above 175, I'll wait to short from there.

Actually, recession is inevitable next year right? Right. Now, if recession is coming that means Yen will destroy it's competition. What does market has to do? Market has to shoot up everything against Yen up in the sky, because the drop will be hard. Pound fell 13000 pips in 2007-08 against Yen. I wouldn't be surprised to see GBP/JPY close to 200 before recession hits. If market will have time..

See TheWolf's Journal (Inactive) why I now actually think Pound will appreciate immensely against Yen.
 
 
  • New Comment
  •  Guest
  • | IP X.XXX.180.174
Join CC
  • Story Stats
  • Posted: Nov 23, 2022 2:00pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 19  /  Views: 9,671
  • Linked event:
    US FOMC Meeting Minutes
Top of Page Default Page
  • Facebook
  • Twitter
About CC
  • Mission
  • Products
  • User Guide
  • Blog
  • Contact
CC Products
  • Forums
  • Calendar
  • News
  • Coins
  • Market
CC Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow CC
  • Facebook
  • Twitter

CC Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Forex Factory

Crypto Craft® is a brand of Fair Economy, Inc.

Terms of Service / ©2023