Weekly Risk Events Video 15-20 March 2015
Wednesday 18th March 2015
The biggest highlight this week is Janet Yellen and the FOMC statement.
The market has been getting very excited about speculation that the Fed could remove the word ‘patient’ from its statement.
We believe the Fed will keep it as it is and leave that word in.
If they remove it we can expect a continuation of the recent USD strength, but if they keep it we could see a huge unwinding of that position as the markets become severely disappointed with that decision.
This is a perfect risk event to trade out of depending on what the statement brings and what Yellen says in her press conference.
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