Federal Reserve policymakers agree Trump fiscal boost poses inflation risk

Federal Reserve policymakers agree Trump fiscal boost poses inflation risk

By: Simon Furman | Where To Trade | On:Friday, 06 January 2017
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    Where to Trade- Dollar falls from 14-year high as data boosts euro.
Federal Reserve policymakers agree Trump fiscal boost poses inflation risk.
Accelerating economic activity, inflation sustain investors' festive fizz. Traders go long on stocks worldwide.
The expected trading range for crude oil today is 51.05 support and 55.27 resistance.

   The expected trend for today is bullish.
The USD/JPY pair expects a trading range of 117.10 support and 119.00 resistance. The expected trend for today is bullish. The pair previously closed at 115.36.

   The EUR/USD pair is expecting a bearish trend today, as the trading range is expected to be 1.0300 support to 1.0480 resistance. The pair closed at 1.0604 in the previous trading session.
The AUD/USD pair expects a mixed trend today, with 0.7150 support to 0.7330 resistance. The pair closed at 0.7336 in the previous trading session.


Video Summary: 

  • United States of America: Dollar falls from 14-year high as data boosts euro
  • Worldwide: Traders go long on stocks worldwide, influenced by an accelerating economic activity

 

Simon Furman

Simon Furman

Think Global - Act Local

Simon Furman is one of the best financial analyst with 27 years of trading experience

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