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  • Dollar gains as U.S. March rate hike seen more likely

    From reuters.com

    The dollar gained to seven week highs against a basket of currencies on Thursday, after hawkish comments by a Federal Reserve official late on Wednesday encouraged investors to expect a near-term interest rate hike. Fed Governor Lael Brainard said an improving global economy and a solid U.S. recovery mean it will be "appropriate soon" for the Federal Reserve to raise rates, adding an important voice to the chorus of officials signalling rates may rise as soon as mid-March. Those remarks come after New York Fed President William Dudley and San Francisco Fed President John Williams rattled investors on Tuesday ... (full story)

Yup.

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Quoting ikouki
Yup. {image}
"IF" Fed hike rate on march meeting and May active article 50 on same time GBP/USD price 1.15 Yellen will do it ? My opinion hard to believe FOMC will hike rate maybe June ....
GOLD price very attractive now .....hmmmm thinking to go long ....1232 why not ? But a close under 1232 risky ...... I am confuse .....Finally I am in @ 1232+ SL 1230 ......will see....!!!
- how many times was a rate hike "more likely"? - statements like this are ridiculous!
Quoting golfking
- how many times was a rate hike "more likely"? - statements like this are ridiculous!
Your opinion ?
My Gold SL long still supporting but maybe not for long time ((((( .....walking near the fire ....lol
Quoting Ghassforex
GOLD price very attractive now .....hmmmm thinking to go long ....1232 why not ? But a close under 1232 risky ...... I am confuse .....Finally I am in @ 1232+ SL 1230 ......will see....!!!

In my opinion Gold will reach 1225 or even 1200 before resuming upside move. I believe USD pairs could potentially reach price levels where it was last Nov - Dec 2016. It may continue this momentum until rate hike day unless there's unexpected event that could reverse this trend.. If they will not tighten, i'm pretty sure price will reverse before March 15 because insiders will start going long by then and we will see clue's with the price action. Well, just stay alert and watch closely.
Trading is not for everyone.
H4 time frame show that Gold close Gap Down ...!!! Any opinion ?
Gold key levels using Range bars 1000points.

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Trading is not for everyone.
Quoting ikouki
{quote} In my opinion Gold will reach 1225 or even 1200 before resuming upside move. I believe USD pairs could potentially reach price levels where it was last Nov - Dec 2016. It may continue this momentum until rate hike day unless there's unexpected event that could reverse this trend.. If they will not tighten, i'm pretty sure price will reverse before March 15 because insiders will start going long by then and we will see clue's with the price action. Well, just stay alert and watch closely.
Thanks Dude very Logic ...
when bitcoin go up gold will go down and vice versa bit coin will move first makes it easy
Strong USD in the coming days.
This fed tool hike is so unreliable. Look at last week it was probabity around 30% this weeks jump to 77% and Who know how much it will jump up or down next week and a week follow before the date when they announce.
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they are risiing interests now because they know later a big asss chaos will take place in europe and here with MR. Trompudo
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  • Story Stats
  • Posted: Mar 2, 2017 11:41am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 14  /  Views: 5,536