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Daily analysis of the US forex market trading session with DailyFX Currency Strategist John Kicklighter and Terri Belkas. Includes coverage of economic and financial market news, as well as an outlook for the day ahead and trading ideas.
Hyperinflation is coming to the US just like it struck Zimbabwe. My message to Bernanke. More bank failures coming today, check out FDIC.GOV. Printing money is an abomination and the Fed needs to be abolished. Gold and silver break out of their trading ranges! US Post Office begins providing conversion rates for dollars to SDR’s. Prelude to global currency?
There was a big FOMC interest rate decision last night that really drove the market up. Today was a “cool down” period. Price returned to a reasonable level… a 50% retracement and the 200 EMA. Did the prevailing trend continue? LIVE Forex training | EVERYDAY! www.fxbootcamp.com