FED Meeting Today

A Nonevent Is The Call

There is little to do today as the markets await the end of the FED meeting today. The best advice is to wait it out, or manage open positions with a rational outlook. Expectations for big moves today are low. Except for the USDJPY. Because of higher moving Yields and a big rally in Crude Oil Futures there is a good chance that the Bulls can press an extended wave higher this week.

Odds of an Interest Rate move are low today, and the markets should calm down after today. Relief from the reign of Powell should start to calm the waters a bit. If this is the case, then the USD should fall under some pressure for a few weeks against most FX pairs.

Have a great day everyone.

Best regards,

Teddy Kekstadt Forex Trading Unlocked

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Best regards,

Teddy Kekstadt Forex Trading Unlocked

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