Sunday, October 15, 2017

Overstock after FOMC: an excuse or an opportunity?

Overstock after FOMC: an excuse or an opportunity?

Bargaining
Thursday were not as emotional as the day before, but the dollar
continued to be in demand against the commodity currencies, but the European
I stalled in narrow ranges. More than others suffered a couple AUD / USD,
which came under pressure from the labor market: Evidence from Australia
showed employment growth of 10.8 thous. against the forecast of growth by 12.5 thousand.
Moreover, full employment even decreased by 9.3 thousand., Continuing the trend
recent months. AUD / USD She continued to fall, touching a minimum
0.7176. Meanwhile, GBP / USD, on the contrary, it has been supported by
retail sales, which are rooted in the impressive 1.3% vs. 0.7%.
The data for the previous month has also been revised to increase that
pushed the pair to the 1.4663 mark. USD / RUB per day added almost 3%.


stock
All markets simply can not recover from an aggressive attitude FOMC monthly
ago. Meanwhile, Brent initially it suffered losses, but the closure of
days left in the above plus 48.87 dollars. / bbl., and then start a correction. On the market
precious metals silver and gold came under aggressive sell-off
demand for the US dollar.

Continued on site GK FOREX CLUB



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