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Friday Forex Traders Money Market Update. 22nd March 2019.

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S&P 500 rallies to new 2019 highs. Thanks to the stock Apple and the US Federal Reserve’s decision to leave rates on hold for the balance of 2019 US stock indexes rallied to new 2019 highs. Apple benefited from the news after investment bank Needham gave it a “buy” recommendation and coupled together with a market that feels secure in knowing rates aren’t going higher stocks were on the move. The Dow Jones surged over 200 points and the S&P 500 closed up 1.09%. The housing market in the US is set to benefit from rates being on hold for longer with a fixed 30-year home loan dropping from 5% in November to 4.34% today. Interest rates were on the rise in late 2018 as the US Fed signalled it was going to continue to raise rates, but that has all changed now and the shackles are off, Trump has got his wish and the US consumer is breathing easier. Repayments are not going up this year. #investing #wealth #finance #makemoney #livewell #trading #trader #fxtrading #forex #forextrading #forexsignals #currencytrader #health #lifestyle #dreamjob #motivation #selfmade #profit #sunrise #healthy #noosa #disciplineequalsfreedom
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Text Comments (5)
Martin Hayward (3 months ago)
every indices is blown down and in the red today ........wow but profitable
Joe Ahmad (3 months ago)
Great content as always Andrew. Big thumbs up!!
小白杰克 (3 months ago)
Thank you Andrew. I think the nzdcad will probably have a trend.
Derk van der Tuin (3 months ago)
Thank you AB.
Gary Roe (3 months ago)
i like what you said. you are a contrarian trader, rather than a trend trader. i think this is very good information. thank you Andrew

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