What Will The Fed Do This Week?
The big question for the market this week is whether the Fed will over-deliver or under-deliver at their upcoming meeting this week. Either way, expect big moves across asset classes with this event.
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Learn how to turn news into profits with our market commentary - learn more here – https://bit.ly/33hSd75
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This week all eyes turn to the Federal Reserve’s upcoming rate decision, policy statement and press conference.
A lot has changed in a very short space of time with the unfortunate outbreak and escalation of the Coronavirus. With confirmed cases now sitting at 156K (at the time of writing), the situation remains a major concern for financial markets.
Despite the Fed’s 50-basis point emergency rate cut, the markets are still expecting a lot more from the Fed to appease markets that has seen tremendous volatility and double-digit losses.
Currently, markets are pricing in a 100% probability for a 75-basis point rate cut and pricing in a 70% chance of a 100-basis point cut. With such high expectations on the Fed, the possibility of the Fed disappointing expectations is a growing concern.
This week ahead video will help you prepare for this week’s upcoming event and provide insights into how you could possibly trade it as well.
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Highlights of the video:
00:30 - Baseline context for the currency
01:42 - Baseline expectations for the upcoming risk event
03:17 - Possible sentiment shifts
05:44 - Possible currency pairs to consider
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If you find these weekly analysis and trade ideas useful, you’ll love Forex Source. There’s a link below were you can learn more about it
https://bit.ly/33hSd75
-----
Learn how to turn news into profits with our market commentary - learn more here – https://bit.ly/33hSd75
----
This week all eyes turn to the Federal Reserve’s upcoming rate decision, policy statement and press conference.
A lot has changed in a very short space of time with the unfortunate outbreak and escalation of the Coronavirus. With confirmed cases now sitting at 156K (at the time of writing), the situation remains a major concern for financial markets.
Despite the Fed’s 50-basis point emergency rate cut, the markets are still expecting a lot more from the Fed to appease markets that has seen tremendous volatility and double-digit losses.
Currently, markets are pricing in a 100% probability for a 75-basis point rate cut and pricing in a 70% chance of a 100-basis point cut. With such high expectations on the Fed, the possibility of the Fed disappointing expectations is a growing concern.
This week ahead video will help you prepare for this week’s upcoming event and provide insights into how you could possibly trade it as well.
----
Highlights of the video:
00:30 - Baseline context for the currency
01:42 - Baseline expectations for the upcoming risk event
03:17 - Possible sentiment shifts
05:44 - Possible currency pairs to consider
----
If you find these weekly analysis and trade ideas useful, you’ll love Forex Source. There’s a link below were you can learn more about it
https://bit.ly/33hSd75
