All Things Forex Trading Room: What’s Next for the USD after the Fed’s Decision?

In the trading room today: What’s Next for the USD after the Fed’s Decision? In the aftermath of the Federal Open Markets Committee’s decision not to reduce the size of its monthly asset purchases, we examine the weakening of the USD across the board and explore the potential for further losses of the greenback as a result of “QE forever”, we analyze the bullish breakout in the EUR/USD currency pair, we take a close look at the over-extended rally of the GBP vs USD, we keep an eye on the USD/JPY pair, we highlight the market’s reaction to the FOMC and the Swiss National Bank monetary policy announcements, the U.K. Retail Sales and the U.S. Jobless Claims, we discuss new forecasts from Barclays, Royal Bank of Scotland and UBS, and prepare for the trading session ahead.


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