 | Tomorrow on Money In Motion
Focus on The Fed
Wait and see. That appears to be the attitude many currency traders are taking as they try to anticipate central bankers' next move. The euro has traded in an increasingly tight range of late as a lack of new developments has kept players on the sidelines. But that will change next week with the release of the FOMC minutes. The event will offer an important glimpse into what the Fed's posture might be regarding another round of QE3. We will preview and explain how our pros are trading the event.
China Check
Plus, traders will get PMI data for the U.S., Europe and most importantly, China next week. The Chinese PMI will serve as the latest data point in a seemingly never-ending debate about whether the world's second largest economy is growing or slowing. Recent Chinese PMI results have been an excellent catalyst for the Aussi Dollar, and we will reveal how our traders are trading that pair ahead of the big event.
Your Vote, Your Money
And with the addition of Paul Ryan to the Republican ticket, the fiscal health of the U.S. economy has moved to the center of the political debate. Now, on Money in Motion, we don't care about politics; we only care about, well, money. And whether you're a democrat or republican, the election could have big ramifications for the dollar. We'll tell you what a Romney-Paul ticket could mean for the dollar's next move.
That's call coming up tomorrow on Money in Motion Currency Trading.
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