Fed fever and crashing crude in the Ides of March

Yohay Elam FXStreet

The rate hike is coming. But what does it mean for markets? We start with the big upcoming event and then continue to the slippery nature of oil prices before previewing other events in the Ides of March.

Fed fever: The NFP cemented the rate hike but the US dollar dropped. What happened? Moving forward, can we expect a hawkish hike or a dovish one? How many hikes will we see in 2017? We tackle these questions and try to provide some answers.
Crude Crash: Oil prices tumbled down quite rapidly. It seems that barrels of oil were sitting on a barrel of explosives and the match finally came to burn them. We analyze the supply/demand balance as well as expectations and prices moving forward.
Preview: Apart from the big Fed meeting, we have three more rate decisions, elections in the Netherlands and more.

Listen to the podcast here:

Author

Yohay Elam

FXStreet

Yohay is in Forex since 2008 when he founded Forex Crunch, a blog crafted in his free time that turned into a fully-fledged currency website later sold to Finixio.

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GBP/USD off highs, recedes to the sub-1.3500 area

Following earlier highs north of 1.3500 the figure, GBP/USD now faces some renewed downside pressure, revisiting the 1.3490 zone as the US Dollar manages to regain some upside impulse in the latter part of the NA session on Friday.

Gold climbs to weekly tops, approaches $5,100/oz

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