From the standpoint of price flow and action, it seems as if the decline in the commodity and stock markets on Monday has been doing a good job to take the wind out of the screen some of the advantages of the currency against the U.s. Dollar, with the tension in Libya, Syria and Yemen also helped inspire some offer safe haven.
Meanwhile, the Fed releases the two-day policy meeting kicks that today that will culminate in a decision official on Wednesday and it could also affect the latest take advantage of money yearn towards the risk of critical events.
The Fed's policy decisions coupled with the risk of volatility of completely new this time, with the Fed Chairman Bernanke is scheduled to deliver the Fed's first post-press conference where the head of the central bank will be confronted with a barrage of questions, and market participants will be hanging on every word, find even isolated deviations from a monetary policy statement published.
QE3 needs, commodity price surge, inflation, a weak U.S. Dollar and time when stimulus will be pulled all would be strong candidates for the question of the hot topics that Bernanke would need to address.
To the front, the trade balance Switzerland and United Kingdom CBI optimism business will become a major economic releases in the European session, while the US Case Shiller, consumer confidence and manufacturing of the Richmond Fed all out because trade in North America.
U.S. equity futures and commodities looking quite heavy top, and the decline of the more expected during the session came up with the market-a market that requires a very healthy correction the decline minimal.
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