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Goldman Sachs on how to trade Fed speeches

Discussion in 'Education, Tutorials & Courses' started by ForexLive, Sep 15, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Some Fed comments last longer than others. Goldman Sachs wrote about something to keep in mind when you're trading Fed news. "The market response to FOMC statements and the Chair's remarks are highly persistent over a 10-day period while the initial impact from presidents' speeches tends to fade. The Minutes' impact, despite having an immediate reaction that is typically in line with the Chair's communications, dissipates substantially," Goldman notes.

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