On the front page of two major news outlets, The New York Times and the Wall Street Journal, articles were released stating that the U.S. Federal Reserve seems closer to agreeing upon another U.S. stimulus. More monetary easing means more than just a plan to boost the economy; it may also mean major changes in several areas of American life.
As many committee members agree that immediate action is needed to jump-start the weak recovery movement in the economy, currency traders are weighing in on the news.
“This monetary easing could increase inflation levels and decrease the USD’s value,” said Senior Forex Analyst Shawn Beecher. “This slide in the USD’s value indicates that a rare Pivot Point trading opportunity may trigger any day now. This news could mean big trades for prepared Forex traders.”
Are You Ready?
Forex education could prepare you take advantage of this rare opportunity before it passes you by. It’s not too late to get the tools you need to act upon these market movements now. The USD may be experiencing a rough patch, but your trades don’t have to be.
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