Short Term Trading forex trading links forex trading books market statistics trader values euro and us dollar Shocks Crashing ProfitsOn: October 2013

Friday, 25 October 2013

US Dollar: Rising in November?

Expectations are mounting over the Fed reducing its Treasury program in December, which could cause the US dollar index to appreciate to 81.60 in the short term. Nonetheless, the Fed should keep its monetary policies unchanged until 2014. As a result, any potential dollar appreciation would be short-lived. 

Friday, 4 October 2013

U.S. Stocks: Short-Term Rebound?

The standoff between Republicans and Democrats over “Obamacare” is currently unfolding. However, the real test will occur on October 17, when a decision on whether to raise the debt ceiling will need to be made. In the meantime, U.S. stocks are “oversold” at current levels and could rebound to 1700/1720 in the short term.