USD/CHF news and strategies from FBS analysts
In our FOMC Meeting live coverage on YouTube yesterday, we sent out a short signal on USD/JPY around 25 minutes after the decision and right before the press conference.
The Federal Reserve decided to keep the current policy unchanged as widely expected, with no additional information about the timing of the tapering. In fact, in this meeting, the Fed mentioned tapering twice only.
The Federal Reserve signaled that it’s not in a hurry to taper monetary stimulus, and the USD weakened. Now traders are awaiting the release of the US GDP at 15:30 GMT+3.
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