Federal reserve interest rate decision 30.01.2019

  • Removes the reference to “further gradual ” interest rates increases.
  • Also prepared to adjust balance sheet normalisation.
  • Holds rates, pledges patience on future moves.
  • To continue with current floor approach to managing policy.
  • Spending grew strongly.

A dovish hold. USD loses ground, EURUSD up to 1.1470 from 1.1420, Cable back above 1.3100.

The Statement .

 

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here
K-man

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