The speculation is growing, FED could raise Interest Rate in September. Janet Yellen has just sent signals that this raise could happen this coming September.
Ok but, let's think twice.
Is the right moment to raise rates? - Well there are several factors that could make us think that probably is not the right moment to raise rates.
Is the FED taking into account the weakening currencies of the emerging markets?
What about the downward pressure on inflation due to low commodity prices?
Is the global economy strong enough to receive a raise on Interests Rates now?
For some reason all this situation makes us think about a new Economic Crisis. Not to panic of course, but to prepare.
Our Trading Ideas?
It is clear that we will continue selling on EURUSD, NZDUSD, AUDUSD, EURGBP, GOLD, WTI OIL. And we will continue buying on USDJPY, GBPJPY, GBPNZD, USDCAD.
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