Risk off as US events take center stage

The BOJ did not add new stimulus and China is considering a transaction tax. This adds to the already negative mood and strengthens the yen and the dollar. The focus now shifts to the US: retail sales is a top tier figure that finally surprised last month and will be closely watched today. There are also other important releases ahead of the all-important Fed decision tomorrow. Also note the US primaries: a victory for Trump in Ohio and Florida could upset markets while losses for the billionaire could boost the market mood.

Wrap up of the morning show for Tuesday, March 15th:

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. Yohay's Google Profile

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