March has been a fantastic trading month for me so far. I'm out of drawdown and showing a half-decent profit.
This week, there is a lot happening, including interest rate decisions from the Bank of Japan, Fed, Swiss National Bank, and Bank of England.
At the moment, I'm thinking about the dollar with two minds. Based on current positive economic data and the potential of higher US inflation, I'm bullish. On the other hand, I see the potential downside of the dollar based on US uncertainty, possible US recession, and the US losing its spot as a safe-haven and stable investment environment... 🤷♂️ What do you think?
This week, there is a lot happening, including interest rate decisions from the Bank of Japan, Fed, Swiss National Bank, and Bank of England.
At the moment, I'm thinking about the dollar with two minds. Based on current positive economic data and the potential of higher US inflation, I'm bullish. On the other hand, I see the potential downside of the dollar based on US uncertainty, possible US recession, and the US losing its spot as a safe-haven and stable investment environment... 🤷♂️ What do you think?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.