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The right way to bet so far today is with the trend

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Outlook: This will be a horrendous week for data and news. The Big Event is the Fed policy meeting on Oct 27-28. The market has decided the Fed will take no action and only mumble about “maybe December.” There is no press conference. Bloomberg tries for a fresh headline by suggesting the Fed will stop reinvesting maturing paper. This is so remote as to be laughable. Plenty of political types would like to cut down the $2.46 billion of Treasuries languishing on the Fed’s balance sheet, but just

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