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"Fed on course to raise interest rates at an upcoming meeting: Yellen" -Reuters
This means that the US dollar will appreciate again by around 300 points after the decision.Now seems to be the good time to go long usd. Personally i believe that the AUDUSD is overvalued and should be in the range of 0.65 and 0.7 in the years of 2017/2018 ,but thanks to the rising commodity prices and Donald Trumps fear mongering protectionist policies the aussie dollar stayed clear on the course and has appreciated from falling to 0.72 from 0.75 from the December FED interest rate rate.
"Fed on course to raise interest rates at an upcoming meeting: Yellen" -Reuters
This means that the US dollar will appreciate again by around 300 points after the decision.Now seems to be the good time to go long usd. Personally i believe that the AUDUSD is overvalued and should be in the range of 0.65 and 0.7 in the years of 2017/2018 ,but thanks to the rising commodity prices and Donald Trumps fear mongering protectionist policies the aussie dollar stayed clear on the course and has appreciated from falling to 0.72 from 0.75 from the December FED interest rate rate.