Good Morning all lot of things in the market at the moment like Rate hike prognoses and ofcorse like always evryone is devided! But I stil think there is a possibility that we we will see an anounchment in december. Than today we have the Uk with some data about retail sales.
And than we have Mister Mario Draghi also and well is he going to act? doing more stimulance well hes bullish for that so to sai. But you never Know..
The market is waiting for more clarity and so are we!!
So wish you all a great day!!
The profits are going good we are at the moment on 23% this year with minimum drawdowns and As i told you before we build into it!! So only can get better!!
litle boring today!
Rates move slow… euro/usd neutral again.
Stil the usd/jpy did something nice this night it broke a 13 year high so another record for this year… LIke we have none 🙂
Intresting times in the markets 🙂 altough now its litle boring…
but there is some data comming out that can move the markets:
Reuters/Michigan Consumer Sentiment Index
Chicago Purchasing Managers’ Index
In 10 min Mario will be talking again. Its very hard to sai what that will do with the market at the moment.
To me euro/dollar is at the moment giving so much uncertainty that reducing risk in this pair is needed. And protecting capital comes before making money!.
So lets see what he has to sai and more important how will the market react… i mean at this moment market does not always react how you would think….
So see you all around have a great day!!
All about the ECB:
ECB Interest Rate Decision
ECB Monetary policy statement and press conference
If its all about the ECB how will that effect the account?
Well normally there should be movement.
Nobody is expecting the interest rate to change!
But The market is not sure bout Mister Mario and is really waiting to do anything.
So really we have to see how things will go!
Im on the buttons if needed like I said maybe we can jump for some coins like in the old super Mario bross game.
Wish you al a great day!!
later this morning US will also come with data!
FED chair Janet Yellen and lots of data:
FED chair Janet Yellen and lots of data today is a big day for the forex market. And also for the forex managed trading accounts.
We really have to see what today will bring…. Will it bring the word patient???
Euro zone – ECB will hold its non-monetary policy meeting. Discussion would focus on banking system and Greece ELA
Really Some movement would be great we are geared up for anything that can happen.
Great day for you all!
Euro data comming up:
Consumer Price Index – Core (YoY)
Consumer Price Index (YoY)
ZEW Survey – Economic Sentiment Germany
Building Permits (MoM) for US
The rest of the day will mostlikely be litle boring 🙂
ECB President Draghi’s Speech:
Comming up in one hour!!
Normaly he makes the market move!
So lets see!!