Will the Fed join the dove-fest?

The last week of January is a busy one, featuring 3 rate decisions and preliminary GDP releases. The Fed could join the easing bias seen from ECB, BOE and the BOJ. The BOJ has its own decision and more stimulus is certainly on the cards. Preliminary GDP figures from the US could be weak and justify a rate hike hiatus from the Fed, hurting the greenback. For the UK it’s an appearance from Carney and GDP data, for the euro it’s German IFO and inflation figures. And lest we forget: end-of-month flows will have the last word.

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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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