Lack of market direction, USD will continue to be strong?
How do you think?
Quote:
Fed Leaves Rates Unchanged, Fails to Surprise the Market
The Federal Reserve is getting ready to raise interest rates but a rate hike is not imminent. For the first time since August, the central bank has left rates unchanged at 2 percent. Although the FOMC statement is hawkish, the US dollar has failed to react because currency traders were looking for more. They wanted reassurance that a rate hike was around the corner, but what they got was the minimum that dollar bulls were looking for. It wasn’t enough to send the dollar higher or to take it dramatically lower.
The central bank hopes that slower growth will ease inflationary pressures, but if that does not happen by the August 5th FOMC meeting, they will have to raise rates in September. Between now and then, there are 2 non-farm payroll reports and multiple inflation reports due for release, giving us a much better sense of how bad the US economy is faring and whether consumers and businesses can handle an interest rate hike.
As much as Fed officials will hate to admit it, oil is currently determining Fed policy. If they want to take inflation into their own hands, what they need to do is to raise interest rates, which will strengthen the dollar and weaken oil prices.
The Federal Reserve, as expected, held monetary policy unchanged at 2% when it announced its decision shortly after 2:00pm. However, the vote to leave rates unchanged was not by unanimous decision with Dallas Fed President Fisher voting in favor of a rate hike. Although the dollar initially jumped higher following the announcement, it quickly relinquished those gains as traders digested the accompanying statement.
then EU go to 1.57, and seems will keep strong for more days.
hi, Alizain, i am going to sell EU now, how about you? I made a trade at 1.5765, it goes to 1.5783, i am scared that it will go to 1.58 and then 1.6, but now seems it will go down
hi, Alizain, i am going to sell EU now, how about you? I made a trade at 1.5765, it goes to 1.5783, i am scared that it will go to 1.58 and then 1.6, but now seems it will go down
ok, you still hold your EU trade position ?
if yes, don't forget there when you have close that position :)
Click here Link to open a standard account then you Deposit 25$ that you will auto get 25$ open bonus then you tell me to your account ID, I will report FXOPEN Admin for you add 25$(25+25+25=75$).
please sent your account ID to my Email after you open standard account, I will apply from FXOPEN Admin, again add 25$ to your trade account for you.
my Email: talkcash@163.com
And I will back commission 5$ to you when you per trade 1 lot (- +4).
When you reach 1 lot you may sent your Account ID and your LR account to my Email , I will check your trade case and back commission to you.
my Email: talkcash@163.com
Click here Link to open a standard account then you Deposit 25$ that you will auto get 25$ open bonus then you tell me to your account ID, I will report FXOPEN Admin for you add 25$(25+25+25=75$).
please sent your account ID to my Email after you open standard account, I will apply from FXOPEN Admin, again add 25$ to your trade account for you.
my Email: talkcash@163.com
And I will back commission 5$ to you when you per trade 1 lot (- +4).
When you reach 1 lot you may sent your Account ID and your LR account to my Email , I will check your trade case and back commission to you.
my Email: talkcash@163.com
that's really ?
i just know when new trader apply a standart account with $25 initial deposit, they would get $25 (deposit) + $25 welcome bonus. then from where + $25 ?
from you ?
PS:
E/U H1 is in the 5th wave and didn't finish now. So, I dont konw what's target it will drop down.
And then will a b c wave, we should short it at b wave.
About target:
yes, "trailing stop" is a better way,or user fibo.
Important, we shoud close at next Tuesday, cant over Wednesday， this is very important.
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