Be informed and know what is happening on the markets, check out our daily Forex news as they unfold and if you wish to receive daily alerts of high impact economic news, subscribe to my blog (free), to subscribe please look for “SUBSCRIBE TO MY BLOG” found on the right hand side (sidebar), enter your email address there and click SUBSCRIBE, wait for an email with a confirmation link, click on the link and confirm, email might be on spam/junk folder, and have the alerts delivered to your email daily, I value you and I promise I won’t spam.
ECONOMIC NEWS 15/12
by Ntombi Malatsi | Dec 15, 2015 | UNCATEGORIZED | 2 comments
Hie Ntombie ,
What`s your advice to someone who wants to take advantage of the Fed Rate hike this week. I think it`s a definite but the Chair might ` water `the percent down to reduce panic in the market . What can a South African novice forex trader do to pick a few pips. Happy trading .
Warm regards,
Stewart.
Hi Stewart
We are all looking forward to a hawkish outcome in such a way that it seems like a done deal already. If it plays out as expected and the rates are hiked even by few basis points, I’ll be looking at Selling EURUSD, If they keep the current, I think USD will sell off heavily purely because of the shock, thank for for stopping by and for your comment, happy trading to you as well.