Stocks and USD rally

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 18, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Forex News and Events Global equity markets are green across the board with US stock future pointing to a higher open. In addition the USD is strong against most G10 and EM currencies. There is a clear indication that a general risk rally and USD improvements are not incompatible. Meaning, that current expectation for a Fed interest rate hike should not derail risk appetite. Today, October CPI data should provide further support for the Fed to begin tightening monetary policy in December.

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