I went long Usd yesterday before the Fed decision

After realizing that traders would be long before the Fed interest rate decision I decided to go long Usd
It did not work out as I expected

I thought that the market would go long on friday before the interest rate decision by the Fed on Wednesday
But the Usd/Jpy went down today
There seems to be some market pressure on the Usd and Gbp and Eur profited

Luckily, I was short Nzd/Usd and Aud/Usd too, and I got paid a bit
I had to close my Usd/Jpy and Usd/Chf longs around break-even

I am glad I did because Usd/Jpy retreated almost 100 pips before market close
Przetłumacz na Angielski Pokaż oryginał

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