Forex Trading Video: Dollar Uninspired, SPX Crawls Higher as FOMC Raises the Stakes

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Talking Points:

• The Fed minutes showed the group is ready to hike in June and expects to start its QE selloff this year
• Despite the upgrade in tightening efforts, the Dollar gained little traction, the SPX crawled higher and VIX sunk to 10
• A China credit downgrade by Moody’s raises international risks but perhaps the NATO and G7 meetings will be more pressing

Read the full article here:
https://www.dailyfx.com/forex/video/daily_news_report/2017/05/25/Trading-Video-Dollar-Uninspired-SPX-Crawls-Higher-as-FOMC-Raises-the-Stakes.html

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#SP500 #FOMC #USDCAD #USDCNH
@JohnKicklighter

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