EUR/USD: History of New Highs After FOMC
Posted on April 30, 2009 at 09:06 AM EDT
I found this great tidbit of info this morning. The past 4 highs in the EUR/USD have occurred within 2 days of an FOMC meeting. The sell-off after-wards has been sharp, leading me to wonder whether today’s reversal is foreshadowing a larger decline ahead. Click on the chart for a zoomed in [...]