Boris and Kathy Forex Weekly – 19/12/2016 – Majors
December 18, 2016 10:51 pm
Boris and Kathy Forex Weekly – 19/12/2016 – Major
It was another great week for the U.S. dollar. The greenback rose 2% versus the Japanese Yen, Australian and New Zealand dollars. The move was driven by hawkish comments from the Federal Reserve who plans to continue raising interest rates in 2017. However after such extended moves, it is natural to expect profit taking especially with trading activity, volume and liquidity declining over the next 2 weeks.
Boris and Kathy Forex Weekly – 19/12/2016 – Major
It was another great week for the U.S. dollar. The greenback rose 2% versus the Japanese Yen, Australian and New Zealand dollars. The move was driven by hawkish comments from the Federal Reserve who plans to continue raising interest rates in 2017. However after such extended moves, it is natural to expect profit taking especially with trading activity, volume and liquidity declining over the next 2 weeks.
Read Full Article: https://pepperstone.com/en/forex-news/market-review/boris-and-kathy-forex-weekly-19-12-2016
Want to see more Forex videos like this: https://www.youtube.com/playlist?list=PLBBgX72zYMKVYbuf3Y_ATq1OlVKcEWUQA
Find out more about Pepperstone:
https://pepperstone.com/
https://www.facebook.com/Pepperstonefx
https://twitter.com/PepperstoneFX
https://www.linkedin.com/company/pepperstone
Related Posts: