Feel free to post any thoughts on trading this key event.
GVI Forex09:17:20 GMT - 06/16/2021
As I posted on the At Forum yesterday
The thing about events like the FOMC is that markets will spin the outcome however it wants as there is no immediate change in policy on the horizon. So it cherry picks the words and then reacts to suit the flows.
In the past central banks seemed to relish surprising markets. Those days seem long gone. Powell has made it clear the Fed will not look to surprise the markets and prepare expectations well in advance for any change in policy. The first step would seem to be today but it is still a baby step.
So far, US bond yields showing little concern.
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Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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