Come with me if you want to live....
-
Calm before the storm, be patient for the “patience”
The FX market calmed down before the FOMC meeting, which will be held tomorrow morning Australian time. The USD index is moving around 100 as bets on stronger USD were only partially closed. The main forecast is still expecting Fed will delete ‘patience’ in the statement and pave the way for rate hike at June. However, the major risk now is Fed’s concern on the aspect that strong Dollar will pare the US economic recovery as recent data is not that satisfactory, except for the job market. In that case, we will see a major retreat of the Dollar, and the bulls shall realize that risk. Euro Dollar rebounded to ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Mar 17, 2015 10:46pm Mar 17, 2015 10:46pm
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
- Comment #2
- Quote
- Mar 17, 2015 11:58pm Mar 17, 2015 11:58pm
- TheTopBloke
- | Joined Sep 2007 | Status: Forex God | 1035 Comments
- Comment #3
- Quote
- Mar 18, 2015 2:07am Mar 18, 2015 2:07am
- kuncung
- | Joined Aug 2012 | Status: Member | 456 Comments
- Comment #4
- Quote
- Mar 18, 2015 6:38am Mar 18, 2015 6:38am
- graciu
- | Joined Mar 2008 | Status: Member | 6 Comments
- Comment #5
- Quote
- Mar 18, 2015 8:35am Mar 18, 2015 8:35am
- senanata
- | Joined Jun 2012 | Status: Member | 115 Comments
MAKE SURE you still can TRADE tomorrow