17 Dec 2014
AUD/USD climbs to test daily highs and retreats
FXStreet (Córdoba) - AUD/USD jumped after the FOMC statement to 0.8235, where daily highs lie but failed to break higher and pulled back as the US dollar trimmed losses across the board.
The pair retreated and fell back below 0.8200 and is was approaching the level it had before the statement.
The FED changed its language saying that it can be “patient in beginning to normalize the stance of monetary policy”. Janet Yellen was reading an initial statement and then will answers questions.
The pair retreated and fell back below 0.8200 and is was approaching the level it had before the statement.
The FED changed its language saying that it can be “patient in beginning to normalize the stance of monetary policy”. Janet Yellen was reading an initial statement and then will answers questions.