The Dow Jones 30 rose during the course of the session on Friday, touching the 17,600 level. As we continue to grind higher, it’s obvious that the Federal
The Dow Jones 30 rose during the course of the session on Friday, touching the 17,600 level. As we continue to grind higher, it’s obvious that the Federal Reserve suggesting that interest rate hikes are going to be fewer than anticipated will continue to help the stock markets. We are currently heading towards the 18,000 level, so pullbacks at this point in time should be buying opportunities going forward, as the Dow Jones should continue to be a beneficiary of loose monetary policy coming out of the United States. We have no interest in selling.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
