Comprehensive weekly analysis For the period between February 1 st -6th, 2016 Previous week: J CONGRATULATIONS J GBP/AUD has achieved about 1400 pips from the beginning until now, EUR/AUD achieved about 200 PIPs, and EUR/NZD is seeing some consolidation. Previous week have seen many big events, but the biggest one was the Fed rate decision. As we said previously it is very hard to expect another raise as all the fundamentals are against it, moreover this will lead to unbalance in all markets. Yellen gave us a strong indicator for none raising the interest rate for at least two times by saying “ Inflation is expected to remain low in the near term”, also she added “The Committee is closely monitoring global economic and financial developments” which means that there are other international developments could affect the committee decision as China. Next week: We have 2 major event...
WEEKLY GENIUS ANALYSIS