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  • Key Fundamental Factors This Week (12/22-12/26)

    From forexminute.com

    Last week, the USD strengthened after the FOMC statement, which showed a slightly better economic forecast and therefore reaffirmed that the rate hike will be by mid-2015. This week will be short one with Dec. 25 (Christmas) on Thursday. Let’s see what key fundamental factors are in store for us...After a Q1 slump, growth data has been relatively impressive out of the US. In Q2, the economy grew on an annual basis of 4.9%. Q3 was also decent, and this week’s final version is expected to show an upward revision to the previous estimate. A reading that is indeed in-line with expectation should give the US more fuel ... (full story)

Thinner volume expected amid the holidays

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Thinner volume expected amid the holidays

- Fan
Sure affects nothing - Last Christmas the Euro made all the needed moves on thin volume generating huge returns for faithfuls like me who did not go on holidays or worry about thin volumes and this year we could see 1.15 or lower on thin volumes - Gold seems to be coiling as well and bet the movers have it all planned on thin volumes (have you noticed that most of the hard to reach price points or targets much talked about and expected in regular sessions tend to be hit in irregular sessions with so called thin volumes more or less facilitating the movers? Could it be that news and differently minded volume pushers tend to interfere with the goals of the movers and they wait to do the job when there is so called thin volume or when everyone is asleep - during the asia sessions - think about it). Any way staying put and hanging around to cash in like the last time. Just a thought.

The Crow (-_-)
Good thinking Crow, I agree
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  • Posted: Dec 21, 2014 12:07pm
  • Submitted by:
     ForexMinute
    Category: Fundamental Analysis
    Comments: 3  /  Views: 2,273