Tuesday March 14, 2017 - 18:22:36 GMT
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Forex Trading Ideas For Wednesday 15 March 2017
Pre-OpenTrading Ideas for 15 Mar 2017
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WEEKLY Forex Economic Calendar:
15 Mar Wed
13:30 US- Retail Sales
13:30 US- CPI
15:30 US- EIA Crude
19:00 US- FOMC Decision
16 Mar Thu
03:00 JP- BOJ Decision
08:30 CH- SNB Decision
12:00 GB- BOE Decision
13:30 US- Weekly Jobless
13:30 US- Housing Starts/Permits
17 Mar Fri
14:15 US- Industrial Production
15:00 US- Univ of Mich (prelim)
- Markets appeared to waiting for the Fed to raise its Fed Funds target Wednesday. Of greatest interest will be how hawkish its policy staement and forecasts (dots) will be.
- The GBP recovered off its early lows Tuesday after Parliament cleared a "clean" Brexit bill which has paved the way for the government to invoke Article 50 at the end of March.
- The No'reaster storm was a bust in the major cities as its track shifted farther inland than expected. Most should be back to nornal on Wednesday.
- On Wednesday, Holland will hold national elections. Because of the structure of their political system it seems almost certain that the next government will be a coalition that does not favor an exit from the EU. It could take a couple of months to cobble together a new government.
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