Forex Trading Alert: FED Decision and Its Impact on Currency Market

Posted by Nadia Simmons - Sunshine Profits

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Forex Trading Alert originally sent to subscribers on December 17, 2015, 8:27 AM.

Yesterday, the Federal Reserve decided to raise interest rates by 25 basis points for the first time in almost a decade, which fuelled optimism over the strength of the U.S. economy and pushed the USD Index to 99 earlier today. How did this move affect the technical picture of EUR/USD, GBP/USD and USD/CAD?

In our opinion the following forex trading positions are justified – summary: (read more with larger charts HERE)