Hi Traders
How are you Today...are you have prepared for trading week...
Look at what's happen with some currency Today:
U.S. Dollar Trading (USD)-gave up its daily gains against a number of majors initially buoyed by Core PCE figures for the month of February which were inline with expectations rising by 2.0% for the y/y figures, whilst the monthly figure increased by 0.5% above forecasts of 0.3%. In other news the Michigan sentiment survey for the month March fell to 69.5, its lowest reading in 16 years...
USD/CHF-The pair is in a flat consolidation mode around the 0.9960 with no clear direction on the daily chart. The 4 hour chart is moderately bullish as the slow stochastic shows a positive slope. It appears that waiting for a significant bullish breach might be a wise choice before entering the market...
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Regards
Forex.DelijaWorld.com
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