Just add momentum

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Outlook: Today’s headline data is Nov CPI, expected at 0.3% y/y from 0.2% the month before. Core CPI should be the same 1.9%. (although Bloomberg has 2%). This doesn’t set anyone’s hair on fire but the Fed is expected to announce a hike tomorrow all the same. The Fed may be a little queasy about falling oil prices and Chinese currency changes, but it can’t back out now. Once the actual announcement is out of the way, we can turn to the new obsession of when the next one will be. We really

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