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FOMC Preview: 2 Key Takeaways
At 18:00 GMT, market participants will finally get the clarity they have so desperately been seeking when the Fed decides on policy. But move or no move, as we break down today’s outcome, there are two key takeaways that need to be considered.
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 120.561 | EURUSD 1.12921 | AUDUSD 0.71969 | NZDUSD 0.63614 | USDCAD 1.31724 | USDCHF 0.97121 | GBPUSD 1.54943 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              120.685 | 120.345 EUR/USD            1.1318 | 1.1287 EUR/JPY              136.335 | 136.095 AUD/USD           0.7208 | 0.7178 NZD/USD            0.6378 | […]
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Highly Anticipated Fed Day Finally Arrives
The highly anticipated Fed rate decision is finally upon us and the market will now anxiously await the result later today. Odds continue to favor a rate hold and this has fueled a bout of profit taking on US Dollar longs in the lead up to the decision…