Interest Rate Statement

All eyes are on the Fed's statement today so we will have thin volume. We have taken a bullish stance on the Euro with a tight stop loss. Your trading should be limited today until after the news. Don't forget we have NFP out on Friday so depending on todays news we may all turn to Friday for a direction on the currencies.

Right now we have USD in the sell zone and GBPUSD in the buy zone.

Forex Analysts

Javid Shaik & Anne Chapman