It was a busy week for FX with a heavy dose of central bank events, inflation updates and flash business survey data on the calendar.  But it was the latest monetary policy statement from the Federal Reserve that brought the most action for forex traders this week, and a lousy week for U.S. dollar bulls by the Friday close. 

This Article Is For Premium Members Only

Become a Premium member for full website access, plus get:

  • Ad-free experience
  • Daily actionable short-term strategies
  • High-impact economic event trading guides
  • Access to exclusive MarketMilk™ sections
  • Plus More!

This post first appeared on babypips.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Global Market Weekly Recap: July 10 – 14, 2023

The market spotlight was mostly on the U.S. inflation updates this week…

Week Ahead in FX (Jun 19 – 23): PMI Week, Plus BOE & SNB Decisions

We’ve got another round of central bank decisions lined up, plus a…

Trade Watchlist: AUD/NZD Consolidation Break?

This week, I’m checking out AUD/NZD for a potential pick up in…

Global Market Weekly Recap: August 28 – September 1, 2023

After a slow start, the major financial asset classes jumped into anti-Dollar…