Imre Gams here with another free forex training video. Watch it right here or press play on the video below.
Today we’ll be focusing on the Swiss franc. Particularly on the surprising news that the U.S. has branded Switzerland a currency manipulator – just as it did with China.
What are the potential consequences for Switzerland if it stops intervening in their currency to appease the U.S. Treasury? And how can we turn those consequences into a profitable trade?
We’ll also discuss the Canadian dollar and how the price has basically gone nowhere this week – likely as the market is looking for direction from the Bank of Canada on Wednesday. While the bank will likely hold interest rates steady, we should prepare for a surprise cut in interest rates… which could cause the Canadian dollar to weaken.
Will also the aftermath of the Phase One U.S.-China trade deal. What does this deal mean? How has it driven currency markets and global markets since the deal signing? And what’s next?
Finally, an update on Bitcoin. We made a good bullish forecast on bitcoin in last week’s video, and that came to fruition. Now, we’ll discuss the next most likely move.