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No green for the greenback on St. Patrick’s Day

The Fed went full dovish by expressing worries and lowering forecasts. The greenback suffered across the board with some interesting moves that broke the risk on/risk off correlations. Does the dollar have more room to the downside? There is no time to rest as we still have a potentially dovish rate decision from the BOE as well as other market moving events as we readjust the charts.

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.