Author Topic: Dollar falls quickly and bounces even quicker after Fed minutes  (Read 623 times)

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rangerrebew

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Dollar falls quickly and bounces even quicker after Fed minutes
Technical Analysis
Wed 5 Jul 2017 18:08:06 GMT
 

Author: Greg Michalowski

No set timing for balance sheet trimming
The FOMC minutes showed no clear balance sheeting timing but the dip in the dollar has seen a bounce back.

The USDJPY quickly dipped below 113.00 to 112.93 but moved back almost instantly back higher and trades at 113.33 now.

http://www.forexlive.com/technical-analysis/!/dollar-falls-quickly-and-bounces-after-fed-minutes-20170705
« Last Edit: July 06, 2017, 11:11:28 am by rangerrebew »