US Dollar Ready to Turn to Haven or Feed on FOMC Rate View While there may be a lot of volatility for the Dollar moving forward, the medium-term fundamentals carry a positive slant whether general market conditions improve or deteriorate. Japanese Yen Unlikely to Break Out Until Greece Moves The Japanese Yen finished the week modestly higher versus the recently-downtrodden US Dollar, but the lack of a clear breakthrough from a highly-anticipated US Federal Reserve meeting ...
2015-06-01 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Core PCE Price Index] past data is 0.1%forecast data is 0.2%actual data is 0.1% according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case) [USD - Core PCE Price Index] = Change in the price of goods and services purchased by consumers, excluding food and energy. ========== "Personal income increased $59.4 billion, ...
Gold closed the week at $1,183.16 up $24.61 per ounce (2.12%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, rose 0.45%. The U.S. Trade-Weighted Dollar Index lost 2.40% for the week. Gold Market Strengths Gold traders are the most bullish since the week ending January 2, according to a Bloomberg survey. This shift in sentiment is primarily the result of the dovish tone from the FOMC this week. ...
US Dollar Forecast – Dollar Exhibits Speculative Frenzy Before FOMC Offers Rate Timetable The day of reckoning is almost upon us. This Wednesday, the Federal Open Market Committee (FOMC) will deliver its forecasts for economic trends and interest rates. Japanese Yen Forecast – USD/JPY to Take Cues From FOMC as BoJ Endore Wait-and-See Approach The Federal Open Market Committee’s (FOMC) March 18 meeting may overshadow the fresh ...
It does not matter what your specialty is for trading is we all have our own little trading secrets to help use better time our trades. While many day traders focus on individual stocks like aapl, goog, tsla etc… I like to focus on day trading gold. Years ago I shared this little secret on how I get an edge day trading gold and it still amazes me how many of those people still use it today, including myself. Time and time again gold traders are given great insight on how ...
Recent Comments