Forex Strategy Video: Fed Decision Attempts to Light Fire Under Dollar, S&P 500

Talking Points:

• The FOMC rate decision is set for 18:00 GMT Wednesday and the next meeting will be a ‘quarterly update’ on Sept 21

• A rate hike is a very low probability, but the market has grown accustomed to looking for statement clues

• Pairs like EUR/USD, GBP/USD and USD/CAD are freer to react while USD/JPY will be constrained by BoJ anticipation

#news @JohnKicklighter