Stormy times ahead or just a moderation? – MM #179

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We start by examining the Fed decision, slide into the US economy and its recent hiccups and this brings us to the bigger issues across the Atlantic. 

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  1. Fed: Powell and co. made subtle changes to the statement. Does the word symmetric mean that much?
  2. NFP run-down: Slow job growth and another deceleration in wage growth are not a disaster, but not that convincing either. We look at the big picture and see that the improvements are very very slow.
  3. Across the pond: Data has been “moderate in the euro-zone and quite bad in Brexit land Britain. We discuss the figures and how they had an impact on currencies.
  4. Preview:  The inflation report in the US, the BOE decision, and many other events are set to move the markets.

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About Author

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 the 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.