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  • Tuesday’s FOMC meeting will be remembered for decades to come as the Federal Reserve brings interest rates down to the lowest level this generation has ever seen. With 2 realistic options on the table and economist and traders divided on how much the Fed will cut interest rates, the only certain outcome is significant volatility for the currency market. No matter how you look at it, an interest rate of 0.50 percent is just as unattractive as an interest rate of 0.25 percent.

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TRADE IDEAS

  • Trades to Watch
  • Trades in Progress
currency trade idea
USD/CAD
Medium term



Buy Buy at 1.0225
Stop at 1.0195
Target at 1.0285
currency trade idea
GBP/JPY
Medium term
Opened 5/16/2013
Sell Short from 156.6000
Stop at 156.6
Target at 155.1
These are hypothetical trades and should not be relied upon as a substitute for independent research.

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