Over 20 years in trading
Americans will vote on 8 November to choose their next president and based on current polls Clinton and Trump are close one another, what causing nervousness in the market and increases the risk. Most of the brokers are aware of the possibility of huge volatility in the coming days and that’s why they are changing the rules of trading lowering the leverage by
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While the USD is on his knees before a decision, is there any possiblity from FED to hike the rates today? Well, the market is not expecting that move for sure, but the FED’s monetary policy statement could be a hint when something like that could happen and is it December a month for that decision!? There is no press conference
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The European Central Bank decision is expected to be unchanged today. That’s why the focus will be on the Press Conference as always when interest rates stay on hold and Mr.Draghi is well known as a ‘market mover’ when he talk and answer on questions. Mostly, he lose and how much he would like to weaken the Euro, bulls are chasing
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As expected the Reserve Bank of Australia didn’t change the rates with unanimous decision. Full Governor Lowe’s monetary policy statement here 04:30 h (London time) RBA Interest Rate Decision > Previous 1.5%, Current 1.5%
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Like there is not enough excitemet today with the BoJ and the FED, we have the RBNZ Interest Rate decision as well. As noone has done nothing so far, I hope the RBNZ will do the same, nothing and stay on hold with the rates. 22:00 h (London time) ● RBNZ Interest Rate Decision!!! 》 Current 2%, Consensus 2% 》Update
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It’s September and what now? The possibility of raising interest rates today is very small, but you saw how the market reacts to the current threats, like on BoJ’s decision from this morning and latter on the day during the Press Conference. The central bankers are leading this game and we must dance as they play. That’s why you should be extremely
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Are you ready for Bazooka Abe? Early in the morning (European time) at aprox 03:30 h – 04:00 h GMT we have an important decision from the Bank of Japan. Starting with interest rate decision, monetary policy statement and press conference latter on. If you can remember what happened on July 29. during the last BOJ’s decision, I doubt that
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With 9-0 votes the MPC voted unanimously to maintain Bank Rate at 0.25%, as the market has expected. They have set the monetary policy to meet the target inflation at 2%. 12:00 h (London time) > BoE Interest Rate Decision: Previous 0.25% > Current 0.25%!!! Link to Monetary Policy Summary and Minutes of the Monetary Policy Commitee meeting on 14 September
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12:45 h (London time) > ECB Interest rate decision – Previous 0% > Current 0%!!! 12:45 h (London time) > ECB Deposit rate decison – Previous -0,4% > Current -0,4%!!! 13:30 h (London time) > ECB Monetary policy statement and Press conference!!! ECB stays on hold with rates as expected, we will se what Draghi has to say on the press conference in
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FED’s Yellen has a performance at Jackson Hole. Here is the main part of her speach …“Looking ahead, the FOMC expects moderate growth in real gross domestic product (GDP), additional strengthening in the labor market, and inflation rising to 2 percent over the next few years. Based on this economic outlook, the FOMC continues to anticipate that gradual increases in the
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While FED’s Bullard will have speech in about 5 minutes, we are expecting the FOMC minutes latter on. We will probably see the ’empty talk’!? I still don’t believe that we will see a clear guide to the future US interest rate policy after today’s release, but it could be interesting moves in the current nervous market in August. This release could be
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According to Sunday Times, Britain could remain in the EU until late 2019, almost a year later than predicted, ministers have privately warned senior figures in the City of London. Theresa May has been expected to enact article 50 in January, setting in train the formal two years of negotiations before Brexit. Despite great political pressure to stick to that timetable,
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How much you have paid the ticket for this ride? Well, if you traded USD/JPY or JPY with other currencies last night, you have certainly paid this ride too much, right!? Take a look at my 5 minute chart how this was dangerous to trade and that looks even more frightening if you take a look at the 1 minute chart.
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