9/17/2021 Stocks are down -0.58% this morning after coming down to test a significant level of support once again. While stocks fall, the dollar rises in the anticipation of sooner-than-expected tapering by the Fed along with a hike in interest rates starting in 2022. Our outlook Other than September being one of the worst months […]
A quick look into the ECB Press Conference which took place on Thursday the 9th of September, 2021. Quick Summary: ECB's Pandemic Emergency Purchasing Programme (PEPP) is likely between €60-70 billion per month Lagarde says this is not tapering Inflation upgraded, still below mid-term target High vaccine rates bolster eurozone recovery As expected, the ECB […]
Let's look at the news event's we've got lining up this week... (AUD) RBA Rate Statement The Reserve Bank of Australia is expected to keep interest rates on hold at 0.10% this week at their Rate Statement. We may see some negative remarks considering the number of states placed back in lockdown over the past […]
Hey everyone! Welcome to this week's forex forecast for the week ending September 10th, 2021. I'm TraderBart with A1 Trading, and this week I'll be looking at EURUSD, GBPUSD, GBPNZD & XAUUSD. EUR/USD Price has closed off for the week in the bearish order block just underneath 1.19, and we're now waiting on further moves […]
