USD out of control
This is what I think about yesterday's Fed's meeting. I think you will feel a little disappointed if you are a USD bull, but trust me, just a little. That the forex market overreacted to Fed's statement was a very clear sign that everyone wants to buy USD before the Fed rises rate.
What is next for NZD?
Joesen30/09/2014|Daily|
USD is extremely overbought but I still like my positions. Some of my users have asked me this question a few times when we will get a pullback on USD, actually, I have no idea. However, I would tell you it is never late to buy USD this year if you are doing well in money management.