This week very important 6 US Datas

FX:EURUSD   Euro / U.S. Dollar
There is an uncertainty in the economy
important and decision Number : 1.09900 is TREND Decision UP or DOWN

Draghi saying :
The economy experienced a sudden drop in global stock prices of banks and the European economy is in a very precise level, and also stated that the risk in companies engaged in the production of the commodity in some parts of the banking sector.

Yellen Saying :
  • experienced declines in asset prices
  • A strong dollar
  • The inflation target is 2%
  • Labor market
  • Exchange rate policy of China
  • uncertainties relating to oil prices
Fed President Janet Yellen, for the purpose of its activities related to the monetary policy committee that he expects the formation of the economic conditions in the economy of the delays make normalization that takes time on it may create problems and stagnation in the future economy of the sudden tightening policies mentioned may so increase the risk of recession.

im thinking :

is it really bad for the world economy ? Maybe was the end of a cycle , Us Dollar index now %236 level under moving
and EURUSD %236 level Above moving ... What does this mean ? now EURUSD Trend looks up .. but
Everything depends Yellen and Draghi speak.. " MARCH 16 Decision "

Thank You

Ersoy Toptas


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