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
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rates increased, but no indication for 4 hikes in 2018 hence the weaker USD