This time FOMC Meeting moved the market big time. Strong rumors had started a few days earlier before this FOMC Meeting that the Federal Reserve has decided to raise interest rates this time. So we were already anticipating a big move in the market. The problem with FOMC Meeting is that most of the time… Continue reading FOMC Meeting NZDUSD Sell Trade SL 20 Pips TP 120 Pips
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GBP/USD Can Bounce Up 200-300 Pips In The Next Few Days!
Today GBP/USD fell around 100 pips when the CPI y/y data release showed UK inflation slower than expected. Market was expecting 1.8% inflation year to year whereas the actual data when released was 1.6% year to year. Lower inflation figures prove that the Bank of England Governor Mark Carney was right in not raising the… Continue reading GBP/USD Can Bounce Up 200-300 Pips In The Next Few Days!