Forex Trading Video: FOMC Turns EUR/USD and USD/CAD, What Will BoE Due for Pound?

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Talking Points:

• There was no vagary in the Fed’s policy decision Wednesday with a hike, forecast for one more in 2017 and a QE plan
• News that the Fed would start selling assets fundamentally changes the game and turned the Dollar at critical support
• How long can risk remain oblivious to the Fed risks, what will the BoE do, and what discrete event risk is ahead?

With EUR/USD turning at high profile resistance around 1.1300 see how retail traders are positioning for the turn – skepticism or conviction – with the DailyFX speculative sentiment reading. (


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