1. Hello Guest Click here to check FX Binary Point Financial Directory

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
    Likes Received:
    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.

    Continue reading...

Share This Page