09:16CET
Good morning everyone, hope you are fine. The USD/CHF cross has made a new record low @ 0.9544, and things just keep getting better and better for the USD at this stage, after the FOMC confirmed what everybody knew, i.e, that they will be putting the printing press at full speed to see whether the can revitalize the economy or not. Elsewhere, Euro has hit a 1.3975 high while Cable has been testing the mid 1.58 area. What has -relatively- surprised me has been the lack of follow-through by the AUD with respect to yesterday's close, a (maybe) good sign to consider in this erratic and very one-sided market. Another center of attention is the USD/JPY cross and for obvious reasons, so far no new low after the opening gap on Sunday. Gold, by the way, is trading very near its record highs as it hits $1,356 again.Posted via email from MT4
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