Today we start the session with our fundamental analysis of the currency markets. We also look at gold. However, after a miss on the ADP report, we get into a detailed discussion and then a full blown lecture about the interbanking system, the Fed Funds rate and the interest charged by the Fed at the discount window.
In this video you will actually learn how to look at the market from the point of view of a banker. We develop a bank balance sheet and look at how the manager would make management decisions about loans and reserves. From this, you will learn more about how the central bank has an impact on an economy. I also discuss what I think the Fed will do BEFORE they raise interest rates.
[B]Live Forex Strategy Sessions[/B]
Monday - Thursdays
730 - 815am EST (London Lunch Break)