The Dow Jones had a very strong move on the Wednesday session, as the Federal Reserve released its minutes from the last meeting. While it suggested that
The Dow Jones had a very strong move on the Wednesday session, as the Federal Reserve released its minutes from the last meeting. While it suggested that there was serious concern about global growth, it also suggested that perhaps is going to take a while to get higher interest rates. Because of this, the stock markets went much higher, thereby forming a nice long green candle. With that, we believe that pullbacks will continue to be buying opportunities as is market looks like it’s ready to break out to the upside.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
