March 20, 2014
Yellen came out with unexpected hawkish news that the Fed is dropping 6.5% threshold and that the interest rate will be increased in 2015. Most of the Fed have said they believe it will be 1% or over. On that news the dollar did about 80 points across the board and then in the Q&A… View Article
March 19, 2014
AUDUSD and EURUSD trading at the lows but can’t seem to break through key levels…0.91 and the 200EMA on M15 and 1.39 respectively…Aussie seems to have been taken down by Copper but EUR might just be trading in its 30 point range today. Wait for clear break if you are thinking to go short. If… View Article
March 19, 2014
Morning, here are some news from the Asian and European sessions: Nikkei opens up 0.6% at 14495. Japan’s trade deficit for Feb comes at JPP800bn, lower than previous month but larger than expected of deficit of JPY600bn. Exports YoY rose at 9.8% vs. 12.5% expected while imports YoY came at 9% vs. 7.2% expected. USDJPY… View Article
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