US2000 Russell aims for a Bearish target of 1520.00.
Technically.
Daily range pattern being traded off highs to previous daily lows.
Fundamentally.
This comes immediately after the Dollar gains momentum as the market digest the statement - FED RATE SEPTEMBER 2019, as the dot-plot shows no additional cuts through the end of 2020.
It also shows that ten members are forecasting flat or higher rates this year while seven expect a single further cut. Policymakers are split, and that's good for the greenback.
Dollar maintains the positive tone across the board for September Rate Decision, equities fell with the news
Technically.
Daily range pattern being traded off highs to previous daily lows.
Fundamentally.
This comes immediately after the Dollar gains momentum as the market digest the statement - FED RATE SEPTEMBER 2019, as the dot-plot shows no additional cuts through the end of 2020.
It also shows that ten members are forecasting flat or higher rates this year while seven expect a single further cut. Policymakers are split, and that's good for the greenback.
Dollar maintains the positive tone across the board for September Rate Decision, equities fell with the news
Trade closed: target reached