- •Core durable goods order & Consumer confidence came out bad which drove -Usd- down
• FOMC statement 2 pave the wave for -Usd-Chf-.. ; As oil has found light & is balancing out higher inflation will be coming but dont get hyped up just yet.. the downside is that the Fed is watching global markets & global -Gdp-. Also Unemployment as ticked up, manufacturing still bad, strong dollar has been a problem manufacturing & trade according to the Fed. Upside is many NFP has been very strong lately & oil is balancing out.
•-Usd- Advance GDP expectations is weak
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chart showing important S&R level from yr 2000 ---->
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BOUGHT AT 111.5 difference between April / March FOMC ----> dl.dropboxuserconten.../u/17531726/fed.html BOJ statements coming later 2day
