The FED finally raised rates, so what can we learn from that? Let´s take a look the Kiwi and the Canadian Dollar.
The FOMC interest rate decision will happen this evening. The Committee’s statement should accompany it along with Yellens speech.
As the tradition holds then the ECB meeting should take place tomorrow. Everyone is waiting for only one thing to happen, that is, for the QE program to continue.
The FED did not raise interest rates last week, as it was anticipated by many market participants. As for the British currency, market operators keep shortening the long positions as the rest of market participants keep extending them.
Again the US economy is without another rate hike.
Just a few hours ago, the head of the Federal Reserve of New York told some interesting things that have sent the USD up north.
We have pushed away from the strong support zone, therefore will be waiting for our next scenario