Boris and Kathy Forex Weekly – 16/09/2019 – Commodity Dollars
September 16, 2019 12:50 am
Four central bank meetings means more volatility for currencies.
The third week of September will be another lively one for currencies. At the beginning of the month, breakouts turned into early trends for the Australian, New Zealand and Canadian dollars. Last week, big moves were seen in euro, sterling, Canadian dollar and Japanese yen. This week, we expect breakouts and wild swings for all of the major currencies, with the Federal Reserve set to lower interest rates for the second time this year.
Four central bank meetings means more volatility for currencies.
The third week of September will be another lively one for currencies. At the beginning of the month, breakouts turned into early trends for the Australian, New Zealand and Canadian dollars. Last week, big moves were seen in euro, sterling, Canadian dollar and Japanese yen. This week, we expect breakouts and wild swings for all of the major currencies, with the Federal Reserve set to lower interest rates for the second time this year.
Related Posts: