Cory4rex

NAS 100 into the Fed Rate

FOREXCOM:NSXUSD   US Tech 100 CFD
Light news week going into the Sunday opening until Wednesday when the interest rate is released. We could have one or two thing happen until the Wednesday release:

1) We see priced in data and a direction chosen into the lead up

2) We see price stall out until we enter the day into the rate release.

This is a market moving data release so this is one to take with precaution after the CPI data implied a 75-100 bp increase.

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