Daily Alert: Wednesday 16th May 2018

Mark NugentDaily Alert, May 2018

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Trading Analysis for Wednesday 16th May 2018

Well we had eyes on the USD/US 10 Year dynamic as a major theme for the week and we got a clear message – the market now thinks there will be 4 hikes this year from the Fed. This is the first time we have seen this and the USD and US 10 year yield moved decisively upwards, making the trading easy. Elsewhere, Bank of England Deputy Governor Broadbent described the UK economy as “menopausal” and risking a slump. Thanks for that Jim!

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[/MM_Access_Decision] [MM_Access_Decision access=’true’]

Trading Analysis for Wednesday 16th May 2018

Well we had eyes on the USD/US 10 Year dynamic as a major theme for the week and we got a clear message – the market now thinks there will be 4 hikes this year from the Fed. This is the first time we have seen this and the USD and US 10 year yield moved decisively upwards, making the trading easy. Elsewhere, Bank of England Deputy Governor Broadbent described the UK economy as “menopausal” and risking a slump. Thanks for that Jim!

Here is your Daily Alert video:

You can download the video HERE.

The updated Trading Plan is HERE.

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