Two important data releases are planned this evening
At 18:00 GMT, we have the FOMC interest rate decision and statement
At 21:00 GMT we have the NZ interest rate decision
I am tempted to go long Usd, but I am still looking for a nice entry point -
just above 110 in UsdJpy would be good ..
I don't think there will be a surprise cut for the Nzd this month,
but there are enough signs of Dovish talk to follow in the statement
so I think shorting Nzd will be relatively safe - I will be looking to sh…
At 18:00 GMT, we have the FOMC interest rate decision and statement
At 21:00 GMT we have the NZ interest rate decision
I am tempted to go long Usd, but I am still looking for a nice entry point -
just above 110 in UsdJpy would be good ..
I don't think there will be a surprise cut for the Nzd this month,
but there are enough signs of Dovish talk to follow in the statement
so I think shorting Nzd will be relatively safe - I will be looking to sh…