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Euro/Dollar: Expected Recoil Before Minimum Renews

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Hourly Yesterday’s Trading: The euro/dollar ended up closing down yesterday. The euro lost 160 points after the Fed published its press release. The Federal Reserve decided to leave the interest rate unchanged in a 0.0%-0.25% range. In the text announcement, a phrase about the effect of global problems on US inflation was removed. The next FOMC meeting is set for 15-16th December, 2015. Following this meeting, an announcement will be made, in addition to economic forecasts and a press

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