yes you do have a point especially of the fact that nothing major from the statement besides the fact that the word "substantial" was added, which wasn't a surprise as the housing market has been a slump lately. regarding to your one voter that ...

FOMC Interest Rate Statement

not sure but it seems like some clauses in the minutes are very dovish. "Economic growth has slowed over the course of the year, partly reflecting a substantial cooling of the housing market". I think the above clause was mainly it. Fed mentioned ...

FOMC Interest Rate Statement

two issues are housing and autos, and there was an article from bloomberg that suggested home sales may be the bottom as buyers take advantage of low prices, but in the situation right now, I believe that everyone knew the rate was going to stay the ...

FOMC Interest Rate Statement

is there a site where we can see the text copy of the minutes?

FOMC Interest Rate Statement

well, the ECB just raised rates, and if the Fed doesn't raise rates or stays the same, it is good for the EUR. However, since everyone is expecting no change and cut rates next quarter, the price is already factored in. The main thing to look for ...

FOMC Interest Rate Statement

last housing report was good news for the dollar. just to make it clear, because of the fact that the USD is going lower, it will make the same items that are imported cost higher and thus the US would rather manufacture it themselves or not import ...

Fundamentally-The Euro Rally is Dead:

may be quite the opposite from recent economic data. The U.S. economy is experiencing slow growth...which is different from no growth or recession. There was an article from financial times released just yesterday saying although the dollar chart ...

Fundamentally-The Euro Rally is Dead:

to my understanding, the commercial traders are short but they use the market to hedge, that's why they are long, in essence, i have to be short as I am trading and not hedging.

The COT report

post it here, I'll def. take a look.

The COT report

maybe everyone was so well aware that the price was already factored in the currency price that unless there's a big surprise, it will be dumping the EUR after the rate was raised. It's contrary because you'd think increasing rates means currency ...

Fundamentally-The Euro Rally is Dead:

russians shift foucs to euro leaving dollar behind. http://www.ft.com/cms/s/277471c2-8889-11db-b485-0000779e2340.html would probably explain the dumping of USD despite the fact that economic reports are not as bad...

Fundamentally-The Euro Rally is Dead:

good analogy, if the cars obey the traffic restrictions he has placed, he will be just fine (no change), if the cars are way overflown than what he expected (data from above post), then he may have to impose further restrictions. In this case, from ...

Fundamentally-The Euro Rally is Dead:

so in your opinion, what triggered the sell off that was long awaited for? What particular comment from Trichet?

Fundamentally-The Euro Rally is Dead:

So raising rates is good for the economy but it breifly went up, but came back down so that picture in itself is clear that the uptrend is over, am I correct?

Fundamentally-The Euro Rally is Dead:

i was just about to say...strong down trend here... by the way, when Trichet gave the conference, why is everyone selling the EUR when he just raised rates?

Fundamentally-The Euro Rally is Dead:

with the recent data, can you explain the statement "worried about the risk of upside inflation"? with numbers that are bad as it is, what upside inflation is there?

Fundamentally-The Euro Rally is Dead:

I read from many sources that non-commercial speculators are the hedge funds, etc... and from charts, they are the ones who follow the currencies. Commercials, on the other hand, are hedging and are looking for long term...

The COT report

everyone on the street expects the Fed to hold it steady, what is your foresight behind your conjecture of them raising rates?

Fundamentally-The Euro Rally is Dead:

so in the COT report, which side should we as day traders pay more attention to for imminent action such as next week or so? There's also a category called total, which is the total of commercial and non-commercial...

The COT report