WorldWideMarkets Community

Forex Trading, Market News & Technical Analysis

A Simple Message post Bernanke

Posted by WorldWideMarkets . on Jun 26, 2013 3:31:00 AM

President of the Dallas Federal Reserve, Richard Fisher and President of the Minneapolis Fed, Narayana Kocherlakota (both non-voting members of the FOMC) may have caused market gyrations but the messages were clear.
Kocherlakota: the Fed has not become more hawkish.
Fisher: policy is still accommodative even stimulus is reduced.
In simple terms, the Fed is talking about tapering its bond buying program with no hint of tightening yet. Many investors in other asset classes are relieved. Dollar bulls just endure a mild hiccup. Watch for more such messages but see them lose impact over time. fed logo resized 600

 

Tools & Educational Resources

Forex 101LEARN MORE >>
Learn the basics of Forex and how to practice trading the markets.

GlossaryLEARN MORE >>
Confused by the language? Click here and search for key trading terms.

FAQ CenterLEARN MORE >>
Browse our frequently asked questions and find your answers right away.

VideosLEARN MORE >>
Access to the educational lessons, webinars and platform walkthroughs.

READY TO TRY THE MARKETS?

Get started with a FREE $10,000 Demo Account and experience the Forex Market RISK FREE!