Forex Trading Video: Dollar Faces a Skewed Fed Response, Dow Rallies with Reckless Abandon: Forex News by DailyFX

Forex News by DailyFX

Published on 13 Dec 2016

Talking Points:

• The Dow Jones Industrial Average and S&P 500 extended their incredible bull run with seeming little regard for the FOMC decision ahead

• Markets pricing in certainty of a Fed hike today makes for a significant skew on potential market reactions to different outcomes

• It is important to look beyond the central bank rate decision to long-term trends, liquidity and event risk (like Aussie jobs, the BoE decision and more)