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Markets Applaud the Feds Action

Discussion in 'Fundamental Analysis' started by ActionForex.com, Mar 19, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    The markets are still digesting yesterdays surprise action by the Federal Reserve with the Usd stabilize in Asian Session after bearing the brunt of FX price adjustments. EurUsd traded in a 1.3416-1.3530 range while the UsdJpy traded between 95.27-96.62. In yesterdays FOMC meeting, members left the target rate unchanged and...

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