DailyMarkets.com - Forex Trading: Dollar Sees Mixed Reaction To FOMC Statement

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• Forex Trading: Dollar Sees Mixed Reaction To FOMC Statement
• Something Wrong With This Picture
• Feds Primary Tool, The Wealth Effect
• Upcoming Documentary On America’s Longest War: The War On Drugs, “A Holocaust In Slow Motion”

Forex Trading: Dollar Sees Mixed Reaction To FOMC Statement Posted: 14 Sep 2012 12:03 AM PDT Dollar Sees Mixed Reaction to FOMC Statement The dollar saw a mixed reaction against its main currency rivals yesterday, following the Fed’s decision to expand its bond buying program. Even though the move was widely anticipated, the market still saw substantial volatility, with the USD/JPY jumping 50 pips and the EUR/USD gaining more than 90 pips in the minutes following the decision. Today, US news is once again forecasted to impact the marketplace. Traders will want to pay close attention … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Something Wrong With This Picture Posted: 13 Sep 2012 06:57 PM PDT Today, the Federal Open Market Committee did what most analysts were expecting and embarked on another round of easing. “Fed Announces Additional Monetary Stimulus” (MoneyWatch) The Federal Reserve’s announcement today that is launching a third round of quantitative easing validated widely held expectations that the central bank would provide more monetary stimulus in an effort to speed the economic recovery. The Fed said it will purchase $40 billion a month in mortgage-backed securities and … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Feds Primary Tool, The Wealth Effect Posted: 13 Sep 2012 06:08 PM PDT This is from the mouth of Ben Bernanke, the FED tool is to promote ‘the wealth effect’ for consumers. So how you doing? Is it working for you? From Ben Bernanke mouth… QUESTION: My question is — I want to go back to the transmission mechanism, because speaking to people on the sidelines of the Jackson Hole conference, that seemed to be the concern about the remarks that you made, is that they could clearly see the effect on rates and they could see the effect on the stock market, but … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Upcoming Documentary On America’s Longest War: The War On Drugs, “A Holocaust In Slow Motion” Posted: 13 Sep 2012 06:03 PM PDT   The soon-to-be-released documentary “The House I Live In” is an inside look at America’s longest war, The War on Drugs, from executive producers Danny Glover, John Legend, Russell Simons. From the film’s website: “Filmed in more than twenty states, THE HOUSE I LIVE IN tells the stories of individuals at all levels of America's War on Drugs. From the dealer to the narcotics officer, the inmate to the federal judge, the film offers a penetrating look inside America's criminal justice … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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