The Fed will decide on policy this week. As explained in a previous post, in the process of evaluating and communicating the path of the policy rate for the coming 12 months, it must assess risks to growth, jobs, inflation, bubbles, and the future potential cost of a need for fast tightening if it does not tigthen now. We discuss the likely scenario in this important post. Read on to be ahead of the curve.

Many people ask me about trading currencies, forex trading, and forex trading strategies. They hear all kinds of rumours and they have this idea about it that is either too “optimistic” or, on the other extreme, they see it as “something really scary and impossible.” I will expose elements about good forex trading strategies and what a good forex trading system looks like, how currency trading works, what are the risks, and what are the challenges for the trader. If you are curious, read on, even if you know nothing at all about it or about finance or economics.