Currency Update 21st of March

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 21, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    There is no trade call for the session. We expect trading to be light until UK CPI tomorrow. As always to kick-start the week I suggest reading my currency update below. Currency Update USD: The strongest currency fundamentally, however current sentiment is bearish due to the March 16 Fed communication which was decidedly dovish; with downgrades of inflation, growth and interest rate forecasts, coupled with a focus on downside global risks and dismissal of recent rise in core inflation.

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