USD made a massive and a staggeringly move last night in just a few hours when FED released it FOMC Meeting Minutes that did not use the word, “Patient” after a long time. GBPUSD shot up 500 pips then it fell down 400 pips in just a few hours. EURUSD also shot up more than… Continue reading The Dollar Made A Massive Round Trip Last Night On Just One Word By FED
Tag: usd
USD Falls To 1 Month’s Low
USD fell to one month’s low as the US GDP q/q report casts doubt on the strength of the US economic recovery. This supported the FED’s commitment to keep the interest rates almost zero. The U.S. currency slipped to the lowest in more than two weeks versus the euro as reports showed durable-goods orders in… Continue reading USD Falls To 1 Month’s Low