Open trading account 
What a day what a day...
Just a few hours till the FED announcement and the Oil Prices are still going down! Those who were bullish on the USD/CAD are laughing now. I really wonder what the impact will be of a rate hike now with these low commodities prices... The markets are already prepared for a rate hike, they expect it to happen. Will the official announcement make the dollar stronger? I personally don't think so. The comments after the announcement are going to be interesting. One thing is for sure; if the FED doesn't raise the rate, expect the Dollar to loose all the momentum it has gained the past few months. Just in case that happens I've put a order on a weak dollar
And what is up with the GBP?! The comments Draghi made a few weeks back and the ECB not increasing stimulus should've make the GBP stronger. I really over exposed myself to the GBP with that in mind. Can't do anything about it now, just ride the wave
...
Good luck tonight!
-Nor
Just a few hours till the FED announcement and the Oil Prices are still going down! Those who were bullish on the USD/CAD are laughing now. I really wonder what the impact will be of a rate hike now with these low commodities prices... The markets are already prepared for a rate hike, they expect it to happen. Will the official announcement make the dollar stronger? I personally don't think so. The comments after the announcement are going to be interesting. One thing is for sure; if the FED doesn't raise the rate, expect the Dollar to loose all the momentum it has gained the past few months. Just in case that happens I've put a order on a weak dollar
And what is up with the GBP?! The comments Draghi made a few weeks back and the ECB not increasing stimulus should've make the GBP stronger. I really over exposed myself to the GBP with that in mind. Can't do anything about it now, just ride the wave
...Good luck tonight!
-Nor
