2 fundamental news that i am looking at are the one in the picture. (for those who don't care much about news.)
on Tuesday, there is monetary policy meeting minutes on AUD and
on Wednesday, there is FOMC meeting minutes and also FED rate decision.
It is expected for FED to raise rates as shown in the picture from 1.5 to 1.75.
Although all the bearishness in the market on other major currencies against the USD could be the pricing in of this rate rise but i am still expecting some major impact on the rest of the major currencies especially USD/JPY which gets affected the most during major news of USD. I will be putting a chart up on USD/JPY soon.
on Tuesday, there is monetary policy meeting minutes on AUD and
on Wednesday, there is FOMC meeting minutes and also FED rate decision.
It is expected for FED to raise rates as shown in the picture from 1.5 to 1.75.
Although all the bearishness in the market on other major currencies against the USD could be the pricing in of this rate rise but i am still expecting some major impact on the rest of the major currencies especially USD/JPY which gets affected the most during major news of USD. I will be putting a chart up on USD/JPY soon.
STING