JinDao_Tai

FOMC Rate Decision EUR/USD

Short
JinDao_Tai Updated   
FX:EURUSD   Euro / U.S. Dollar
Looking for a stronger USD to accompany the FOMC rate decision to increase rates by 25 basis points.

This would be a good trade as it is aligned with the trend from the past couple of days.

If FOMC statement and press conference portrays optimism regarding the economy and indicates possibility for 4 rate hikes this year, we could see EUR/USD move even lower
Order cancelled:
rates increased, but no indication for 4 hikes in 2018
hence the weaker USD

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