7:20 CET: Rumors about possible rate hike were wrong. Global uncertainty particular in China and lingering low inflation
refrained FED from hiking benchmark interest rate yesterday. FED members lowered its economic projections as well, which means that US economy isn't in a good shape yet. The decision of keeping interest bound at 0 - 0.25 may have negative implications on the markets and could lead to a further appreciation of the Euro
currency. We will see if markets react already today. Buy EUR/USD
above 1.1440 today or in case it doesn't go higher today, buy EUR/USD
lows on Monday.