Showdown at the “it ain’t okay” corral.
This is your binary options and forex video news update for January 25th through the 29th, 2016.
Now that the new year buzz, and most of those well intentioned resolutions have worn off, the realities of the global financial markets are showing their concern about what lies ahead and revealing the hairy truths about the good, the bad and the ugly.
With no sure footing taking hold, are we heading into the “wild west” of economic and profit making turmoil?
Gunslingers are shooting up and down the markets with very sketchy data that will point the way to an open frontier of trading for 2016.
Is gold poised to be a profit maker as traders and investors run and hide to this safe haven commodity against current market conditions?
The conflicting economic data that is plaguing the USD will continue to have the Fed’s questioning when to pull the trigger again for 2016. A quick a trigger finger on lift off might look to have been a premature move in light of global conditions.
It’s been a hee-haw see-saw for oil this last week, as market bears took their fair share of the plunder. The battle cry against the bears may be nothing more than meek wimper’s. The battle may have the bulls scuttling for refuge from the down pour of bad news continuing to plague commodity driven currencies.
Even with its own economic setbacks starting to unfold for the new year, the USD maintains its strength as the “Big Honcho” because let’s face it, frankly, what other economic stalwart has the “britches” to knock them off their pedestal?
Even in a controlled environment, China is still trying to tame their bucking markets with less than stellar results.
The showdown this week will be between you and the bucking broncos of volatility moving the markets. Pay attention to the market movers for the week that include:
-Rate and policy statements for the Yen, the Kiwi and the USD
-Consumer Confidence indexes and GDP data for the Loonie and the USD
-Unemployment numbers for the USD
Check out our SmallMoneyMadeBig.com event calendar for all the news releases that impact your trades for the week.
In this showdown with the markets, you’ll need to have a good six shooter locked and loaded to win this profit making duel against the bad and the ugly. At Small Money Made Big, we have just what you need, in order to do that.