Video: EUR/USD On Verge of Clearing 2.5 Year Range High After Fed Hold

Talking Points:

• As expected, the Fed held rates unchanged at its meeting and offered little change to views on its next move
• Debate over the premium owed the Dollar for its relative hawkish standing continues to define key levels and momentum
• Risk trends is also taxed with speculation moving further astray of fundamentals after VIX dipped below 9 and SPX crawls

How are retail FX traders positioning in EUR/USD, AUD/USD, USD/CAD and other majors as these pairs look on the verge of major breakouts or trend development? See the IG positioning data on the DailyFX Sentiment page.  (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)



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