The EUR started of the day rather positively, but turned around as Mario Draghi started speaking, effectively doing what most central bankers do these days: try to kill their own currency.
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Get the NZD/USD Forex signal for December 14, 2017 here.
The EUR/USD pair initially pulled back during the trading session on Wednesday, but after the FOMC Interest Rate Statement, the market should continue to go higher.
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The S&P 500 was very noisy during the trading session on Wednesday, which is to be expected considering that we have the FOMC Interest Rate Statement
The US dollar fell apart against the Japanese yen during the trading session on Wednesday, after the interest rate statement was a little less than hawkish.
The WTI Crude Oil market initially tried to rally, but then rolled over the show signs of exhaustion during the day on Wednesday.
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Get the USD/CAD Forex signal for December 14, 2017 here.
Get the GBP/USD Forex signal for December 14, 2017 here.
Get the EUR/USD Forex signal for December 14, 2017 here.
Gold prices rose $11.51 on Wednesday, moving away from a four-and-a-half-month low reached earlier this week, as the U.S. dollar fell after core inflation data missed expectations and the Federal Reserve left the outlook on interest rates unchanged.
Get the NZD/USD Forex signal for December 13, 2017 here.
Get the AUD/USD Forex signal for December 13, 2017 here.