This week we will see a few “medium” and “high” alert economic releases, which will likely cause volatility that will help the EURUSD, GBPUSD, or USDJPY break out of their recent ranges. Especially for the…
Posts By Teri Patterson
FOMC – After The Meeting, What’s Next.
We saw a modest climb in the USD after FOMC issued a statement that confirmed expectation of an increase in interest rates later in 2015. This did no seem to affect the prices of commodities,…
GDP Report, BoE Rate Speculation
For the he Q2’15 UK GDP report and the Bank of England, we see data and events so far this week unfolding favorably for policy hawks. Today’s report implies that UK growth rates are gaining…
Forex Trading Outlook July 29 – 31, 2015
Forex Trading Outlook: From now until tomorrow’s FOMC minutes release, we expect the markets to continue range bound and sluggish. Unless the changes are dramatic the markets should stay uneventful until the first week of…
