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Cheerfulness from the Fed

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 29, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FTSE sheds 1% with miners in free fall by Brenda Kelly Bullish for US indices perhaps but the Fed statement and the hint that a hike in December was possible has done little for the FTSE this morning which is trading lower by just over 1% as I write. Miners remain in the bad books and even the precious metals companies which outperformed yesterday have been unable to garner any upside. The Fed hint that it may hike in December has been to the detriment of all commodity prices as the dollar

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