The FOMC Statement is a highly anticipated event, more so as the FED is nearing it's planned interest rate hike.
A lot of care is put into the exact wording used in the statement, so as not to cause excess volatility in the markets, or misleading information.
Trading this risk event is like playing a game of Poker with the FED, carefully analyzing every word trying to interpret the underlying message. Essentially trying to figure out the FED's cards, to determine when to go all in!
(figuratively speaking).

This article is my personal interpretation of the FED Statement of Dec. Therefore the view here may differ from other publications on the web, as the statement does carry a larger degree of vagueness.
The objective of the article, is to provide trader's that are new to the fundamental side of trading, a view of how a press conference can be interpreted, and subsequently trade the obtained information.
Figure 1 - USDJPY 5M - Showing a bullish effect prior to, during and post FOMC
To sum up the statement in one sentence, the FED see's the economy continue to improve. Everything remains inline to raise interest rates as planned. This will likely occur mid
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