ForexAnalytix Week Ahead Video May 8th 2022
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Blake Morrow of #ForexAnalytix talks about the massive volatility we had last week following the RBA, BOE and FOMC decisions. With interest rates clearly moving higher as we embark on a higher rate cycle, does it mean stocks will move lower? Historically, this has not been the case and Blake shows you what he is looking at.
Key data of the week will be the CPI data and that could move not only the stock markets, but also the #forex market, $DXY or US Dollar, the #gold markets and #crypto. Especially with Bitcoin and Ethereum so close to major technical levels.
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