This week will be a
week-determination for the dollar index and gold prices as the FOMC meeting
will be held this week.
Fed meeting this time will be the
credibility of the betting event Janet Yellen and her colleagues did have the
courage to change or not to change interest rates at all. When there is an
increase, then the dollar index will rally with gold correction rather long. On
the contrary in case of delay, the chance of rising gold prices and the
correction of the dollar index is wide open.
In the view of the research team,
based Financeroll US macroeconomic spectacles that the interest rate hike at
the Fed there is a chance this semester to occur and 2 times in the next
semester with economic growth assumption remains strong, oil prices continue to
rebound.
In addition to waiting for the Fed
meeting, as a complementary activity spice trade market movements this week
that US inflation data, RBA minutes, the labor situation England and the Bank
of England meeting. The future will be determined in the pound's BoE meeting.