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Why the dollar corrected on the Fed [Videos]

We had an exciting day in currency markets, with the dollar steaming forward on the impressive GDP number but making the much desired correction on the Fed decision.

Why did the dollar correct? What are the lines in the major currency pairs?  Valeria Bednarik of FXStreet and I covered the event live. Here are the videos of the event:  the first is a summary and conclusion, and the second one is the full coverage. Enjoy!

Broadcast live streaming video on Ustream

The full coverage of the event:

Broadcast live streaming video on Ustream

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.