US Dollar

**uls** · December 13th, 2017 04:55 PM

btc no effect on usd

--

dollar index lower after a democrat won in Alabama

less chance of tax reform passing

**StockEngine** · December 13th, 2017 05:15 PM

Alabama effect on usd... and btc has no effect hmm interesting

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**uls** · December 13th, 2017 05:20 PM

Sir,

Asian shares up, dollar dips as Republicans lose Alabama Senate race | Reuters

Jones’ victory could mean trouble for President Donald Trump and his populist political base. It narrows the Republicans’ already slim majority in the U.S. Senate, possibly making it harder for Trump to advance his policy agenda.

**uls** · December 13th, 2017 06:04 PM

This month's rate hike is widely expected so it's already fully priced in

market wanna hear what Yellen has to say about the US economy which will determine the pace of rate hikes next year

scenario 1: cautious outlook on the economy = slow pace of rate hikes = dollar negative

scenario 2: positive outlook on economy = 1st rate hike next year could be as early Q1 = dollar positive

**uls** · December 14th, 2017 10:52 AM

pathetic pathetic USD

low inflation = bond yields stay low = dollar negative

As expected, the Fed raised interest rates as well as their economic growth forecast for the new year. They stuck with a projection for three hikes in 2018, also widely anticipated. Policy makers confirmed that monthly roll-offs from the central bank’s balance sheet would step up, as scheduled, to $20 billion from $10 billion beginning in January. Investors largely took Chair Janet Yellen’s final press conference to be dovish, as Treasuries caught a bid and the dollar slid as she reiterated that growth isn’t seen translating into price pressures anytime soon. The outcome should be heartening to Asian borrowers and dollar bond investors, who can expect another year of record issuance as long as central bank policy normalization doesn’t proceed significantly faster than expected.