Atlanta Fed President Raphael Bostic told Bloomberg News yesterday, last week’s strong non-farm payroll report will probably mean we have to do a little more work… And I would expect that that would translate into us raising interest rates more than I have projected right now.” Bostic previously indicated that he expects interest rate to […]
The post Fed Bostic: Strong job data probably translate into more rate hikes than projected appeared first on Action Forex.
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EUR/USD’s fall from 1.2081 resumed by breaking through 1.1506 last week. Initial bias stays on the downside this week for 38.2% retracement of 1.0176 to 1.2081 at 1.1353 next. Firm break there will target 61.8% Read more…
USD/JPY’s up trend from 139.87 resumed by breaking through 159.44 last week. Initial bias remains on the upside this week for retesting 161.94 high first. Firm break there will confirm larger up trend resumption and Read more…