We have a very important event today. It may change
current market trends across the board. It is FED rate decision. If they are
going to signal an end to the monetary easing process we are going to have
turmoil in financial markets all over the world. If you can afford I would
recommend watching what happens in the markets around 18.00-19.00 GMT. This is
the time when the release comes out and Ben Bernanke conference in Washington
takes place.
From technical perspective Japanese Yen should rise.
Dollar is neutral with small bullish bias. Pound may rise too. Commodity
currencies look much stronger than a week before.
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