FOMC and US Dollar – Wednesday 18 Sep 2013 (11:56)
We’re back in France after a nice break. And a good day – FOMC – to start back Emini trading. Fast and furious.
Were you surprised Benny B. didn’t taper? We’ll get the usual FOMC post-mortem for the next 48 hours. But for me the most important move was the collapse of the US Dollar through weekly support at 81. And on the flip side, the Euro rally through weekly resistance at 1.34.
Good luck with your Emini trading.