The Federal Reserve announced they were leaving rates unchanged on Wednesday, June 19. The markets were expecting this or a quarter percent price decrease. Initially, the markets reacted to the news by moving to the downside recently. The markets immediately reversed the upside rather dramatically showing...
The US dollar rallied nearly half a percent off recent support near $96.50. This upside price move confirms the capital shift we have been talking about. Foreign capital is pouring into US markets and US dollar as strength in the US economy continues to dominate. This new upside move in the US dollar...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
06-19-2019
Filed under:
Filed under: dollar, technical, analysis, fibonacci, US, rally, Fed, rates, usd, currencies, bottom, top, foreign, capital [Edit Tags]
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