I think USD will start rebounding since markets usually start pricing in the event before the date.
Fed to take a step toward a March interest-rate hike
https://www.forexfactory.com/news.php?do=news&id=733815
in my view USD is poised for serious corrections specially on UC AU NU. AU in particular has no business being in 80's this should drop to 76 where its true worth is.EU most might drop back to 2050 but not lower then 1.20 unless something dramatic changes politically in Euro zone.
Anyway these are my thoughts and market will do what it does.
Fed to take a step toward a March interest-rate hike
https://www.forexfactory.com/news.php?do=news&id=733815
in my view USD is poised for serious corrections specially on UC AU NU. AU in particular has no business being in 80's this should drop to 76 where its true worth is.EU most might drop back to 2050 but not lower then 1.20 unless something dramatic changes politically in Euro zone.
Anyway these are my thoughts and market will do what it does.
In trading, you have to be defensive and aggressive at the same time
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