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Fast money is piling into dollar longs ahead of the Fed and it won't last

Discussion in 'Market News' started by ForexLive, Dec 15, 2015.

  1. ForexLive

    ForexLive Forum Member

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    US dollar leads the way today The fast money Fed trade is to buy the US dollar on anticipation of a rate hike. But what happens afterwards? The US dollar is the top performer today, gaining an almost-identical 0.65% against the yen, franc, pound, euro and Australian dollar. To me that says today's action is purely about US dollar positioning.

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