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Impeding Correction In The Equities Markets?
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 […]
What To Know From Thursday's ECB Press Conference
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 […]
The Week Ahead: Central Banks Speaking Up
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 […]
Weekly Forex Forecast for EURUSD, GBPUSD, GBPNZD, XAUUSD (05-10 September 2021)
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 […]
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