Is Draghi your Euro daddy?
This is your binary option and forex video news update for October 26th through the 30th, 2015.
Despite the spike in some of its industrial sectors, things are looking bleak for the BOC and the Loonie as oil prices continue to hit the skids. Oil is weighing heavy on the land of the maple leaf with Governor Poloz and the BOC looking to take steps in softening the blow. High volatility is “en vogue” for your Loonie pairings.
On the same side of the pond we see that the U.S. is still showing flashes of strength in its economy. Will this be enough for the Fed’s to pull the trigger on rates despite evident global slowdown concerns? Yellen may be afraid that a move now will leave her with no weapons in the arsenal if things go awry.
On the other side of the pond, it appears that ECB President Draghi is playing the “woe is me” victim in this global slowdown and that further action for the near future is on the table. Another slice into negative rates or a further boost into pumping up Q.E. are all in play as Draghi keeps stretching his neck to make certain the Euro stays weak.
With analysts and pundits putting in their two cents, Goldman Sachs is handing out calculated predictions for parity looming on the Euro’s horizon. Is this just Draghi pulling the strings with his former cronies at Goldman Sachs or is he pressing the hand of the Fed’s to pre-empt a move on rates?
Things will loom large as market movers are on the docket for this week:
Carefully crafted words will be bouncing waves of volatility on the market as we look forward to rate statements on Wednesday for the Kiwi and of course the Fed’s. Governor Kuroda and the BOJ will release their statement for the Yen sometime early Friday, but it appears that for the Yen, their content to keep things steady and allow what is already in place to take its course.
Other movers for the week include, confidence indices for the Euro, Kiwi and the USD. For more on this, check out our news event calendar at SmallMoneyMadeBig.com
Is Draghi the wielding Daddy figure while Yellen sucks her thumb and waits to have her diaper changed.
Who’s agenda will reign supreme? You know the score…you’ll have the opportunity to sit back, look, listen and get in on the action.
The markets are going to move and it is up to you to cash in. There will be profit to be made.
Check out our winning trading systems at SmallMoneyMadeBig.com to cash in on predictable volatility that will have you “in the money”.