If the fed does not raise rates, how much will USD/EUR fall?

The Kin · Sep 19, 2005

I know this is a odd question but one of you experts got to have a general idea.. Skalpz?

I'm too new to ForEx and have no idea whatsoever what might happen if fed pauses.

MacroEvent · Sep 19, 2005

Fed pausing would drop the U.S. dollar --- it would be a sign that the fed may think the U.S. economy is in trouble, and they have not yet mentioned this over the previous several meetings --- it would be like an earnings surprise announcement to the downside for the U.S. economy.

uninvited_guest · Sep 19, 2005

Don't get your panties in a knot over the USD/EUR.

The Kin · Sep 20, 2005

Quote from MacroEvent:

Fed pausing would drop the U.S. dollar --- it would be a sign that the fed may think the U.S. economy is in trouble, and they have not yet mentioned this over the previous several meetings --- it would be like an earnings surprise announcement to the downside for the U.S. economy.
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I'm guess I'm asking by how much... 10,20,50 points? I knew it would go down, I just don't know the intensity of the downfall: minor, big or huge??

StoliChicago · Sep 20, 2005

my guess 60+ ticks, and possibly EU gets back to 12300 level in several days

illiquid · Sep 20, 2005

100+ at least, but who knows if it will stay.

late apex · Sep 20, 2005

Slightly off-topic, but I didn't want to start a whole new thread for a minor question with a specific answer.

Would someone tell me exactly what time (within a few seconds) the Fed decision and the accompanying statement were released around 2:15 pm ET today? I'd like to know, to help with the analysis of price action. Thanks.