Greetings to everyone.
I am confused about what form the EUR/USD chart will take on 18th march after the FOMC rate cut decision.When the Australian bank RBA increased its rate the chart of AUD/USD surprisingly went down.What might happen on 18th?If there is a 50bp cut rather than the expected 75bp cut are there chances of the EUR/USD chart going down?
I shall be extremely thankful if anyone kindly throws light on this query.
Regards
I am confused about what form the EUR/USD chart will take on 18th march after the FOMC rate cut decision.When the Australian bank RBA increased its rate the chart of AUD/USD surprisingly went down.What might happen on 18th?If there is a 50bp cut rather than the expected 75bp cut are there chances of the EUR/USD chart going down?
I shall be extremely thankful if anyone kindly throws light on this query.
Regards