Rocketman

US FED's New Policy Shift With Some Dollar Strength

Rocketman Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
US FED's New Policy Shift & Medium-term Dollar Strength
Wednesday's meeting by the FED has proved true that the FED is making a new monetary policy shift to normalize sooner than later, to reducing the size of the balance sheet ; and, this action that will send yields higher. This has brought strength into the USD. Thus, USD with strength being signaled, I a positive the USD in the medium-term for another quarter or two.

This video summarizes a few trades that are being taken and that have been taken due to the highly anticipated event of a FED move, which happen sooner than expected.
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Another trade entry not in the video:
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Technically, the USDJPY has the wind at its back and is entering a support level. Fundamentally, the US Fed is hawkish, which contributed to a trend in the USD. Therefore, for now, the JPY will underperform the USD as large market participants anticipate the FED raising rates, which implies a more hawkish FED.
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Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
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