FOMC

Yellen says Rate Hike in June 2016 Odds are improving. USD rises. 20160518

Fundamental Bullish USD news explained. Today late in the trading day, FED chair Yellen made clear that a Rate Hike in June 2016 is more likely to happen. This fundamental news drove the USD higher. In this case it influenced the currency pair USD/CAD. That made a nice profit of 100 pips! Technical explanation. The whole day

Yellen says Rate Hike in June 2016 Odds are improving. USD rises. 20160518 Read More »

Yellen extreme Dovish. No FED Rate Hike any time soon. USD falls.

Yellen extreme Dovish. No FED Rate Hike any time soon. USD falls. 20160329

Fundamental Dovish news explained. Today Yellen of the FED spoke and had no good news for the Rate Hike camp. Cause she just got a lot more Dovish. First there were 6 Rate Hikes in 2016.. then 2 were Left and now if we even will get 1 this year! So yes the Dollar felt to

Yellen extreme Dovish. No FED Rate Hike any time soon. USD falls. 20160329 Read More »