Bewayopa's Trading Ideas

[bewayopa]

EURUSD traded almost unchanged designing a doji.

 

[bewayopa]

Fed governor said that it is not a certainty the Federal Open Market Committee will raise rates during its September meeting.

 

[bewayopa]

Today dollar erased gains against the other major currencies. EURUSD was steady at 1.0931, off lows of 1.0856 hit earlier in the session.

 

[bewayopa]

Investors locked profits after data showing that U.S. nonfarm payrolls rose last month, albeit less then expected, added to expectations for a September rate hike by the Federal Reserve.

 

[fxstrategist]

Very good updates on the economy, I agree it wont be that easy to see a rate hike by the FED.