The Federal Open Market Committee released
the attached minutes of the last Committee
meeting
that was held on July 29-30, 2014
and the
consequences were expected if awesome to observe. The euro plunged and the
dollar soared. I watched the unfolding events with quiet curiosity. That said,
the following rebound was also expected, although I believe it is only
temporary. EUR/USD will likely reach 1.3290 and then the euro will probably
start plunging again.
I will, however, wait for a proper signal that the rebound is over
before I start selling again.
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