Forex Morning Briefing
$DXY, $EUR, $JPY, $GBP
Commentary: Fed hiked rates 0.025 bpt Wednesday. PE
The US Dollar (.DXY) Index at 93.387 faded from resistance near 94 on the 3 day candles after the expected 25 bpt rate hike by the Fed.
Sterling at 1.3435 along with the Euro and the Japanese Yen has seen a rise after the Fed rate hike Wednesday. Watch Cable in the next 2-3 sessions to get more directional clarity.