Over 20 years in trading
After hike in June, the FED leaves rates unchanged at 1.00>1.25% today as expected. Here is the full FOMC statement on July 26, 2017 Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have been
Read more
ECB leaves main refinancing rate at 0.0%, marginal lending facility at 0.25% and deposit facility at -0.4%. ECB leaves asset purchase target at 60 bln EUR as well. ECB press conference follows, you can watch it live here. In the meanwhile, check my montly EUR/USD analysis from July 18. and watch the resistance levels which could be attacked latter on.
Read more
Since January 2015, when the EUR/USD broke multy year support at 1.0800/650 the pair didn’t manage to recover above the same and it has spent two and a half years bellow. The buyers have tried to push the pair true that level fot two times, in August 2015 (1.1712 high) and in May 2016 (1.1615 high), but the sellers was
Read more
Forex Trader 