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Dollar Poised for Major Turn - Levels We're Watching

Dollar Poised for Major Turn - Levels We're Watching

David Rodriguez, Head of Product

Video summary: The US Dollar may see some substantial volatility on the upcominging US Federal Reserve interest rate decision - what trades are we watching?

On Monday I wrote that there was substantial risk of US Dollar turnaround--particularly against the Japanese Yen. The first 15 minutes of the video gives an updated view on that same forecast, and you can see the updated trading strategy bias table below:

forex_video_trading_the_US_Dollar_ahead_of_FOMC_decision_body_Volatility.png, Dollar Poised for Major Turn - Levels We're Watching

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.