Daytrader21's Blog

Avatar

EUR/USD FED Tapering Effect (part 2)

It's that time again when all eyes will be on FED and US economic data as today we have two important figures scheduled to be release. Not only that we have the FOMC decision as main risk event on top of that we also have the US GDP figures and US employment figures.
Market expectation for this week's FOMC meeting has not changed as QE tapering is on an autopilot and we should expect another $10B taper. The focus will be more on the updated Summary of Economic Projections (SEP) which will g…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
lubZostaw komentarz
Avatar

Here Comes the Job Report

After yesterday ECB decision today we have another big risk event which may cause some serious volatility: NFP figures.
I was not expecting to see that kind of behavior on EUR/USD after ECB's new market policy, however I'm not expecting EUR/USD to develop in to a new bearish trend not until 2015 and you can find more reasons why in my previous article: The Case for a Multi-year USD Bullish Trend
Now coming back to the NFP report there is no way we can beat previous figures of 288k. First …
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
lubZostaw komentarz