TR#2289 20/0619 - Summary - Dollar Short?

After yesterdays FOMC announcement that they were going to support growth the market took it as a sign of future interest rate cuts. A cut would leave IR at 2% still much higher than any other developed currency. This could be the star of the drop of the dollar but I feel it will be a long slow process, to start with any way. After yesterdays sudden drop I think we need to wait for some sort of correction before we can see any short set ups.

This is not investment advice

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Steve Nixon