GBP will rise much higher against USD
I always think that there will be a massive USD selloff if the Fed hikes in December,
either triggered by a "sell the fact" reversal, or with a "dovish hike" press conference.
Market will likely to turn to how fast the Fed will hike again, this may miss the USD hawks expectation.
What if no hike? you know the answer already.
We have the next BOE meeting at Dec 10, and FOMC meeting at Dec 16
The best FX to buy against USD are GBP and AUD,
2nd best are CAD and NZD,
no no to EUR, CHF and JPY.
Good luck trading
either triggered by a "sell the fact" reversal, or with a "dovish hike" press conference.
Market will likely to turn to how fast the Fed will hike again, this may miss the USD hawks expectation.
What if no hike? you know the answer already.
We have the next BOE meeting at Dec 10, and FOMC meeting at Dec 16
The best FX to buy against USD are GBP and AUD,
2nd best are CAD and NZD,
no no to EUR, CHF and JPY.
Good luck trading
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.