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Are markets sending a message to the Fed?

The BOE/BOJ/ECB inspired rally seems to have ended with a fresh “risk off” mode favoring only the euro and the yen. As the tension mounts towards the Fed decision, the pressure is mounting for a dovish stance to ease the pain, but this is not guaranteed. Carney has another opportunity to move the pound and a few US indicators could move markets, most notably US consumer confidence.

Wrap up of the morning show, as turbulence returns to markets.

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.