Price action remain choppy on majority of pairs as traders awaiting for FOMC Statement and Interest Rate Decision tomorrow.
While analysts expect no change in interest rate and dovish tone from FOMC mainly due to stagnant global growth and its to early to gauge effect of Brexit and how it would effect future growth in UK and other countries in Europe.
In times of risk aversion, US Dollar & Japanese Yen is mostly in demand, as such I would be looking to buy these currencies in near future.
While analysts expect no change in interest rate and dovish tone from FOMC mainly due to stagnant global growth and its to early to gauge effect of Brexit and how it would effect future growth in UK and other countries in Europe.
In times of risk aversion, US Dollar & Japanese Yen is mostly in demand, as such I would be looking to buy these currencies in near future.