About Piponomics
Economics plays a huge role in the foreign exchange market. I enjoy looking at economic trends and trying to see how it affects currencies and life in general. I will post my thoughts and observations here. I'm throwing macroeconomics, forex trading, pop culture, and everyday life into a pot and hopefully the final product are lessons that are easy for you to consume.
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December 2006
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Monthly Archive
Fed Statement Dissection
Fed statement contains the latest decision regarding changes to US short-tem interest rate ("fed funds rate"), their take on the economic conditions that affected their decision, and important clues on what the next rate decision will be. The market goes through the statement with a fine tooth comb and magnifying glasses. One addition or deletion of a word could unlock the secret of future Fed interest rate decisions and cause the market to move hundreds of pips.… More…
