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[primarylogic]

Originally Posted by TaoJin88

wow, EU is droping now, so i think it will go to 1.53 this time

yes, I think so. EU will have more drop spaces. Hope so!

[primarylogic]

US Dollar: Will the Federal Reserve's Meeting Yield A Bullish Breakout?

The US dollar has been rallying against the world’s most heavily traded currencies on speculation the United States Federal Reserve could open the door for a series of rate hikes in the months ahead. However, with the US economy remaining fragile, is there a chance that the Federal Reserve could disappoint and hurt the US dollar?

[TaoJin88]

primarylogic, i hope it will go down to 1.5 this time, i need it to go to there

[primarylogic]

Fed Leaves Rates Unchanged

The U.S. Federal Reserve left the Fed Funds rate unchanged at 2 percent as widely expected by the market. The Federal Reserve believes that growth risks are now fairly balanced with inflation concerns and the substantial easing of monetary policy to date should help to rescue the U.S. economy from technical recession. Even so, the Federal Open Market Committee admits that credit conditions remain tight and the ongoing housing contraction is likely to weigh on economic growth over the next few quarters. The next FOMC meeting is on September 16 and there is a 69.5 percent probability the Federal Reserve will leave rates unchanged, according to Fed Funds futures.

[primarylogic]

Originally Posted by TaoJin88

primarylogic, i hope it will go down to 1.5 this time, i need it to go to there

Thu Aug 7
GMT 11:00 AM GBP GBP Bank of England Rate Decision

GMT 11:45 AM EUR EUR European Central Bank Rate Decision

The market will depend on these announcement, maybe EU will stop drop down and turn to long.

[Alizain]

Originally Posted by primarylogic

Thu Aug 7
GMT 11:00 AM GBP GBP Bank of England Rate Decision

GMT 11:45 AM EUR EUR European Central Bank Rate Decision

The market will depend on these announcement, maybe EU will stop drop down and turn to long.

thank's for your information, we'll see for USD after both news.
Both of news are Central bank rates annoucement

[Alizain]

Originally Posted by TaoJin88

primarylogic, i hope it will go down to 1.5 this time, i need it to go to there

i hope it too . We are trader and must follow the market to get profits from it, why do you think EU will continue go down ?

[TaoJin88]

because i have three sell trades i made at 1.5, 1,51, 1.52

[primarylogic]

Originally Posted by TaoJin88

because i have three sell trades i made at 1.5, 1,51, 1.52

What time that you trade it? I think it's a long time ago...

[Alizain]

Originally Posted by TaoJin88

because i have three sell trades i made at 1.5, 1,51, 1.52

i expect that's trade you have open on long time ago, cause EU at 1.54 now.

are you feel going to profits or recovery at your floating trade now ?