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USD rises and pauses after the Fed – focus on

The Fed hinted about a rate hike in December pushing the greenback higher with another leg down for EUR/USD. After a consolidation phase, the focus now turns to the first GDP release, which tends to surprise. And there is no time to rest from central bank action: the BOJ is meeting and all the options are on the table. Will USD/JPY break out of range? Wrap up of the morning show:

 

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.