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Counting down to the Fed policy statement

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 28, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Yesterday, currency traders counted down to today’s FOMC decision. The US data (durable orders and consumer confidence) were below consensus but had only a very limited and temporary impact on USD trading. USD/JPY drifted lower in the 120 big figure and closed the session at 120.46 (from 121.1 on Monday). EUR/USD stayed within reach of the post-ECB low. The pair ended the session at 1.1051, little changed from the 1.1058 close the previous day. Overnight, most Asian equity indices are trading

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