WEEKLY REPORT Dec, 7 to Dec 11, 2015 Previous week : it was very heavy busy week (Fed, ECB, OPEC), the results was excepted Yellen gave some hints that rates are not willing to raise, Mr. Draghi cuts rates and OPEC will not reduce productions. The EUR/USD lifted up after Yellen’s speech, the AUD pairs was affected for a short period then it returned to its rising way. The IMF adding the RMB to the SDR basket. What next: As it became obvious that the ECB, Fed and recently the RBA, agrees to put the prices in specific range in order to make the currency prices pushes the inflation instead of making the inflation pushes the currency prices, inflation no way to pushes higher next months, so what I the central banks trying to do is to make currencies overvalued with will lead to unjustified rising in products prices which will lead to their apparent success in putting the finance on the right track. It is irrational to find the Fed (on contrary to other central banks) is going to r...
WEEKLY GENIUS ANALYSIS