You can bet there will be fireworks in the marketplace whether or not the fed hikes rates or cuts rates the stock and forex markets will jump around.
I predict extreme volatility. All eyes are on the FED to raise the rates as expected. To confuse the market China devalued unexpectedly and also dumped a large sum of US Treasury holdings.
There is weakness in commodities and it appears to be a deflationary environment. Should the FED not hike it will lose credibility and be a sign of QE4.
By Neal Vanderstelt
Forex Market Analyst
Please Rate and Comment Below:
I predict extreme volatility. All eyes are on the FED to raise the rates as expected. To confuse the market China devalued unexpectedly and also dumped a large sum of US Treasury holdings.
There is weakness in commodities and it appears to be a deflationary environment. Should the FED not hike it will lose credibility and be a sign of QE4.
By Neal Vanderstelt
Forex Market Analyst
Please Rate and Comment Below:
This post first appeared on Forex News Source Compilation And Trading, please read the originial post: here
