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USD has dropped v. all majors including JPY after the FED Decision on Wednesday July 27th showing initial strength but then turning lower quite rapidly. Nevertheless the focus remains with BOJ and it's possible expansion of monetary stimulus and how the markets may react to this news. Keeping USD/JPY longs for now
Блог Gektor
USD overwhelming steanth
USD is strong. Everybody know that. It's strong against every world currency traded exception those that are pagged to it. But how long will it last? I think this USD party may soon be over. FED may rise in December, or early next year. ECB may add to its QE and Euro may drop further. But what about double US deficits? Everyone seems to forget about this. What about revenues of US companies that have to report lower earnings due to the streanth of US dollar? US sollar rally is overdone. Somebody…