In 2017 Inflation rate will force Fed's to rise interest rates above current level

After seven days of consolidation for euro/dollar in Friday the data in US tilt the scales in Dollar's  favor. Consolidation was at levels about 1.1250, as the inflation rate for August were above average expectations. World-Signals.com predict that the inflation rate will be the main reason for Fed's rates to rise next year. The main focus this week will be for FOMC Rate Decision, where we don't expect changes in Fed's rate policy.
World-Signals.com strategy this week will be to bet on the US Dollar and expect levels about 1.1070.
The key support levels this week will be at 1.1070 and resistance at 1.1225.
 

Posted By : World-Signals.com On : 12:03 (18/09/2016)
Comments

Search Entries Not Found

Add Comment
watercolor paints

Read ICM Capital Review

  LeTechs Rating  
  Regulation   FCA
  Branches   UAE, China, Russia, Mauritius
  Bonus   $1000

Since
 2009

Visit Broker
watercolor paints

Read Fidelis Capital Markets Review

  LeTechs Rating  
  Regulation   FSA, St. Vincent and the Grenadines
  Branches   Except USA, Belgium and British Columbia
  Bonus   200% Bonus

Since
 2013

Visit Broker
banner-img

Facebook

Twitter

Google Plus

Risk warning: Trading foreign exchange (Forex Trading) and contracts for differences (CFDs) on margin carries a high level of risk, and may not be suitable for all investors. There is a possibility that you may sustain a loss equal to or greater than your entire investment. Therefore, you should not invest or risk money that you cannot afford to lose. Please ensure you fully understand the risk involved before trading, and if necessary seek independent advice.

Copyright © 2015 LeTechs. All Rights Reserved.

letech