USD index back below 94.00 in the wake of yesterday’s FOMC minutes release which was perceived as a tad dovish and did little to change the current ‘gradual hikes’ backdrop, while it also indicated the Fed would tolerate inflation temporarily above 2% and that there was a range of views on how many rate hikes are required.
Option expiries of note for today's 15:00 BST:
EUR/USD: None of significance nearby price action.
Still long with first target @ 1.1994 and a second target @ 1.2158. Almost got a heart attack yesterday on EUR/USD price drop but the FED minutes revived me.
Option expiries of note for today's 15:00 BST:
EUR/USD: None of significance nearby price action.
Still long with first target @ 1.1994 and a second target @ 1.2158. Almost got a heart attack yesterday on EUR/USD price drop but the FED minutes revived me.