It is FOMC day, and it appears that traders are taking a hesitant stance toward the Greenback. A majority of the majors are rotational, with only the USD/CHF extending Tuesday’s range significantly. Safe havens are performing moderately well, with only slight gains in the USD/JPY acting as a negative. As the release of the FOMC Minutes at 2:00 PM EST draws near, it will be interesting to see how pricing of these instruments ebbs and flows.
Trade closed: target reached
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Disclaimer
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.