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Loss and Win Is Part of Success in Fx -2

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rupesh1984 predicted bearish impact of ECB Interest Rate Decision in the Fundamental analysis Contest

ECB Interest Rate Decision is announced by the European Central Bank. Usually if the ECB is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the EUR. Likewise, if the ECB has a dovish view on the European economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.This is very crucial moments for Euro Currency but everyone wait for ECB press conference bfr that they not have movement ,currently its in over bought so i expect low in 10 min

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rupesh1984 predicted bearish impact of Consumer Credit Change in the Fundamental analysis Contest

It's correlated with consumer spending and confidence - rising debt levels are a sign that lenders feel comfortable issuing loans, and that consumers are confident in their financial position and eager to spend money.

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rupesh1984 predicted bearish impact of Initial Jobless Claims in the Fundamental analysis Contest

the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy.

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