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Forex: EUR/USD sticks to 1.2950/60 on Fed decision

FXstreet.com (Barcelona) - The single currency quickly climbed to the area of 1.2980 in the wake of the Fed’s interest rate decision - leaving rates unchanged at 0.25% - just to fall back to the area around 1.2945/55 at the moment.
The FOMC will also keep the monthly pace of $85 billion of bond purchases and it stated that rates would be at exceptionally low levels until unemployment hits 6.5%.

While markets wait for B.Bernanke’s press conference, the cross is up.065% at 1.2953 facing the next resistance at 1.2973 (high Mar.20) ahead of 1.2980 (MA200h) and finally 1.3046 (MA21d).
On the flip side, a break below 1.2900 (intraday support) would expose 1.2844 (low Mar.19) en route to 1.2827 (low Nov.22).

Forex: USD/CHF falls to 0.9425 support after Fed decision

The USD/CHF has been on the wrong side of trading today, as investors’ optimism was seen permeating the sessions today, following yesterday’s risk-induced sentiment. Following the Fed decision in the United States, the pair has moved towards the 0.9423/25 level.
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The Fed lowers unemployment forecast but also cuts GDP growth projections

The Federal reserve has decided to leave unchanged its interest rate at the 0.0/0.25% range and to maintain $85Bn monthly a bond buying program, according to a press release published in the FOMC. The Fed also has released its economic projections for 2013, 2014 and 2015. The fed has
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