Hello friends,
Today is the big day for traders which everybody are waiting. First I thing a lot of you have missed the NZD I think New Zealand made a drop in inflation and so NZD has dropped accordingly. I am happy I missed it because I could have entered long NZDUSD.
The most important thing for me is the coming NOK interest rate decision. I am 90% sure that we will have a break of the support USDNOK (and EURNOK maybe) but some how I am afraid of those small 10% which gives the probability of appreciating NOK.
Before this we will have the PMI europe data so ofcourse euro will jump like ping pong ball before going up and playing with Mr Draghi's nerves. This 2 events will show how it will reflect on the last important event about US jobs. I think we will have some increase of jobless people so USD down. We will see
Good luck traders
Today is the big day for traders which everybody are waiting. First I thing a lot of you have missed the NZD I think New Zealand made a drop in inflation and so NZD has dropped accordingly. I am happy I missed it because I could have entered long NZDUSD.
The most important thing for me is the coming NOK interest rate decision. I am 90% sure that we will have a break of the support USDNOK (and EURNOK maybe) but some how I am afraid of those small 10% which gives the probability of appreciating NOK.
Before this we will have the PMI europe data so ofcourse euro will jump like ping pong ball before going up and playing with Mr Draghi's nerves. This 2 events will show how it will reflect on the last important event about US jobs. I think we will have some increase of jobless people so USD down. We will see
Good luck traders