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Posts by "montmorency"
678 Posts Total by "montmorency":
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Posts by Anonymous "montmorency":
I don't know if they wrap it up in clever words, or it's just a number release.
That was from another calendar. Just had a look at "ours" and it is:
"18:15 US Fed Interest Rate Decision" also tomorrow, Wed 27 Jan.
I don't know if it's strictly speaking the FOMC that announces the decision, or what, but then what do I know. To know that sort of thing I need a big salary with bonuses.... :-)
On the Forex Factory calendar we have (same day):
7:15pm USD FOMC Statement
7:15pm USD Federal Funds Rate
Also speech by Geithner at 3pm. Those last 3 times are GMT I think.
So, be on the alert from at least 3pm onwards! :-)
http://www.fullermoney.com/content/2010-01-25/PoundSeenasDiminishedNoMatterWhoWinsElection.pdf
FWIW, I've put my money where I think the fundamentals are for the time being.
In fact I see USD/JPY has already nosedived, presumably relating to the Japan decision (not updated on our calendar yet, but should be out now), or it may be something else.
Well, I could certainly see it getting above 1.64 or so.
The pre-election rally is a little harder to figure for the moment, but not impossible I suppose.
Interesting times (aren't they all).
So they will sell into a rising market, catching the smaller players buying following the "trend", then there will be no more buyers, and it will fall ... or something like that?
How high do you think it will go? (We could have a small side bet on this if you like :-) - my more serious worry is that it will spike to stupid levels before falling (IF it falls of course :-) ).