Monday, July 15, 2013

Market Analysis:

USD-AUD-EUR-GBP & Cross rates

Aside from the Consumer Price Index reports on both sides of the continent, the main focus would again be the testimony of Fed Chairman Bernanke Semi-Annual Policy Report and the G20 Finance Ministers & Central Bank Governors Meeting in Russia by the middle-to-end of the week's trading.

Clarifying statements on related monetary policy coming from these two major events would add a variety of market action and price swings that would reinforce or contradict exisitng market sentiments at this time. The overall sentiment weighing on market stability remains within this time-frame before culminating Friday's report from the central bankers meeting. Any daily price action in the market may tend to be not equally as important.

MegaTrade101.com - The Art of Trading the Foreign Exchange Market with Confidence - Market Analysis

No comments:

Post a Comment