Warm Up Those Trigger Fingers ForEx Traders Click Sh*t is Ready to Rain … er Reign?

Trump to Speak Before Congress on Feb 28 [2017] 

~ My comments are after the quote ~

The U.S. dollar is mixed against majors as the Federal Open Market Committee (FOMC) minutes pointed to an interest rate hike “fairly soon” but were contrasted with cautious comments from Treasury Secretary Steven Mnuchin that have reduced expectations of pro-growth policies being introduced in the short term. House Speaker Paul Ryan invited President Trump at the end of January to speak before congress to deliver his first public address after his inauguration. This could be an opportunity to refocus his administration into pushing his anticipated fiscal stimulus and infrastructure spending policies.

The Bank of Canada (BoC) will release its rate statement on Wednesday, March 1 [the very next day] at 10:00 am EST (3:00 pm GMT). The Canadian central bank is anticipated to hold interest rates unchanged at 0.50 percent despite rising inflation. The loonie [Canadian Dollar in Forex World] has gained as the price of crude remains strong after the Organization of the Petroleum Exporting Countries (OPEC) production cut agreement came in effect earlier in the year despite the increase in drilling activity in North America. Weekly U.S. crude inventories will be published on Wednesday, March 1 at 10:30 am EST [30 minutes after the Canadian report] (3:30 pm GMT).

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So. I wanted to put a couple of dashes after that but I can’t. Due to operator error.

This message came from my broker. Admittedly, they are Euro/Brit based but still. I am literally appalled at the level of care taken in choosing these words. If you have seen anything he has said, how is it possible to read “”This could be an opportunity to refocus his administration into pushing his anticipated fiscal stimulus and infrastructure spending policies.”” and have any sort of optimism.

Gotta love the Brits. Masters of Spin and Brexit never looked so good. pshaw.

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