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USAS_INC
Apr 20, 2016 2:29 AM

EU Awaits ECB and FED 

Euro Fx/U.S. DollarFXCM

Description

04.21 We have ECB minutes,

EURO Inflation picked up a little bit now @ 0 Rates @ 0 (Last minutes Draghi emphasized no more rate cuts)

Possible Outcomes

ECB keep rates unchaged

Which means little bit of sellers for EURO


04.27 FED minutes

US Inflation 0.9 and rates 0.5

Possible Outcome

FED being unable to pickup 2.0 inflation target they will not hike rates.. which means buyers for EURO
Comments
arif_awan
long
USAS_INC
We have to see ECB decision tomorrow ..
arif_awan
arif_awan
im short as soon it hit upper channel line.
USAS_INC
GL
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