Looking for a stronger USD to accompany the FOMC rate decision to increase rates by 25 basis points.
This would be a good trade as it is aligned with the trend from the past couple of days.
If FOMC statement and press conference portrays optimism regarding the economy and indicates possibility for 4 rate hikes this year, we could see EUR/USD move even lower
Order cancelled
rates increased, but no indication for 4 hikes in 2018 hence the weaker USD
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.