Draghi – Key Rates To Stay Or Even Lower For Extended Periodhttp://www.currencynewstrading.com/wp-content/uploads/slideshow-gallery/draghi-rate.jpg
July 4, ECB’s Chief Mario Draghi surprised the market today in an unprecedented step by announcing that ECB bank rates will STAY or LOWER for an extended period. This type of measure has never be taken by the ECB before, as it’s well-known to the market that ECB’s motto is to “not pre-commit” when it comes to interest rates. Draghi...
Nonfarm Payroll (NFP) And Fed Bond Purchase Tapering…http://www.currencynewstrading.com/wp-content/uploads/slideshow-gallery/bernanke-taper.jpg
July 5, Today’s Nonfarm Payroll (NFP) release further underlines the recovery in the US economy as 195K jobs were created in the month of June; but is it enough for the Feds to go ahead with its bond purchase tapering plan? Well, Goldman Sachs chief economist Jans Hatzius seemed to think so, as he boldly claimed in his CNBC interview today...
Are Feds On Schedule For September Tapering?http://www.currencynewstrading.com/wp-content/uploads/slideshow-gallery/bernanke-taperornot.jpg
July 15, Are Feds On Schedule For September Tapering? Feds have been confusing the market lately with their September Tapering talk and just as the market thought they got the Feds figured out, Bernanke managed to surprised them once again… The real question is, will Bernanke keep the September tapering timeline or will he keep policy accommodating...
Month In Motion – July 2013
I'm a professional Forex trader and I have been trading for over 7 years. I was a series 3 broker and a registered CTA with the NFA, the main regulatory agency in the United States, and I have been involved at the highest levels in commodity trading. I also have a background in Information Technology, graphics design, and programming... I'm the co-founder of CurrencyNewsTrading.com, a site dedicated to fundamental analysis and news trading.