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Forex Trading Video: Dollar Uninspired, SPX Crawls Higher as FOMC Raises the Stakes
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Talking Points:
• The Fed minutes showed the group is ready to hike in June and expects to start its QE selloff this year
• Despite the upgrade in tightening efforts, the Dollar gained little traction, the SPX crawled higher and VIX sunk to 10
• A China credit downgrade by Moody’s raises international risks but perhaps the NATO and G7 meetings will be more pressing
Read the full article here:
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#SP500 #FOMC #USDCAD #USDCNH
@JohnKicklighter