Hi Traders,
Fed. Reserve Chairman Ben Bernanke said that record low interest rates are still required to assist the economic recovery. The equity markets closed higher, while the dollar was mixed in what was mostly a choppy NY trading session. The market seems unsure of what it wants to do and with much more economic data due to be released today and tomorrow, well be looking for more volatility and hope the market provides direction.
Dont forget, we will be hosting a Live! Trading session Thursday, February 25th, 0700 GMT/2am EST. Premium members may access the direct link in the Members Downloads section. The room will be open 20 minutes prior to trading; all this while US New Home Sales dropped to a record low in January.
If youd like a more detailed analysis with potential trade opportunities during our live trading session, please join us in the members area.
Thank you.
spoteuro 1 year ago