Monday March 20, 2017 - 18:32:59 GMT
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Forex Trading Ideas For Friday 21 March 2017
Trading Ideas for 21 Mar 2017
See The Amazing Trader In Action
WEEKLY Forex Economic Calendar:
21 Mar Tue
09:30 GB- CPI
13:30 CA- Retail Sales
22 Mar Wed
14:00 US- Existing Homes Sales
15:30 US- EIA Crude
21:00 NZ- RBNZ Decision
23 Mar Thu
09:30 GB- Retail Sales
12:30 US- Weekly Jobless
14:00 US- New Homes Sales
24 Mar Fri
All Day flash PMIs
12:30 CA- CPI
26 Mar Sun
00:00 EZ/GB Clocks + One hour
Forex Market: items driving market psychology to start the new week:
- A perception that the Yellen Fed remains too cautious.
- The decline in the yield on the 10-yr note to below a 2.0% yield.
- A growing perception that the ECB is the preparing to move away from excessive policy ease. This could take a while.
- Expectations that the May goverment will invoke Article 50 on Wednesday March 29. The outlook for an eventual Bank of England rate hike.
- A growing view that funds are flowing from Japan to Europe as part of a new round of "carry trades"?
Lots to consider. Feel free to comment...
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