Are you Monkey-ing Around?

Don’t monkey around with your trades!

This is your binary option and forex video news update for February 15th through the 19th, 2016.

While China and their Asian compatriots celebrated the Chinese New Year of the monkey, the global markets, spearheaded by the dive in Asian economies, have been staring down the barrel of much more frightening prospects. The Chinese monkey is flailing and hoping it doesn’t get devoured by the gaping mouth of market bears.

This last week, Fed Chair Yellen, testified before Congress, but in not saying much, she revealed a lot. The unconvincing rhetoric regarding the U.S. economy has the market pundits convinced that no rate hike is forthcoming in the near future and most likely not at all for this 2016 year of the monkey.

monkey trader

The Bank of Japan is keeping its hands full manipulating the Yen, in order to be the meekest and weakest kid on the block. Made strong in weakness is the pressing motto for Governor Kuroda and the BOJ.

Concerns over the real state of the U.S. economy are coming to light, and markets are responding, as trader’s are running for temporary cover of what is being perceived as more desirable assets.

Is there a more sinister dark cloud looming over the U.S. economy? Well, yes and no.

Yes, because the U.S., for all it’s attempts to convince otherwise, is still an economy looking to find footing. On the other hand no, because even though footing is on a slippery slope, you have its global competitor’s already falling off the precipice.

As we mentioned earlier in the year, where else are investors gonna go to quench their thirst for sustenance? After it’s all said and done, the USD and its contingent financial markets will continue to have thirsty investors as their cup bearer. Nobody worth their chops is going to monkey around with fledgling emerging markets and the repercussions that reverberate on their respective currencies. In other words, the USD is still going to be holding strong against their currency counterparts.

Whether 2016 turns out to be the year of the puppy, the Chinese baby boom or a red monkey, neither will be cute enough to shake off the creep factor that is taking over emerging market economies.

While global chaos abounds, Friday’s temporary rebound in oil, due to technical’s that lined up just right, had savvy trader’s rolling in a barrel of oil monkeys and “In The Money” for the week.

Another savvy move might be to hop on the gold rush to offset your currency trades.

Let’s take a look at what’s on tap for a few of this week’s market moving releases:

-On the Asian market forefront, we’ll have Trade Balance numbers for China, the Kiwi will have Core Retail and Retail Sales, GDT Price Index and PPI Input.

-For the Aussie, Monetary Policy Meeting Minutes, Employment Change and Unemployment Rate.
With low expectations, the Sterling will have year over year CPI, Earnings and Unemployment Numbers.

-The Euro will have a Monday speaking engagement from ECB President Draghi that will layout a forward strategy for Q.E. and the direction for monetary policy. Expect a volatile wave of action on your Euro pairings as he lays out his scenario.

-For the USD, Philly Fed Manufacturing Index, Unemployment and Crude Oil Inventories and both the Loonie and the USD will have CPI data at the end of the week

How are you going to tame the wild monkey of 2016 that is running haywire on the markets? It’s easy…SmallMoneyMadeBig.com trading systems truly work to make you profit over and over again. Were always here with full e-mail support.

You can be caught being a chimp or a chump if you’re not equipped. We’re hear to help you be champ and make the best of your money making opportunities.

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