Anand Dookie
0
All posts from Anand Dookie
Anand Dookie in Anand Dookie,

EUR/USD Hit a resistance at 1.345

Tomorrow the minuets from the FOMC meetings will be out, however, it is not expected that they would be any change in monetary policy tomorrow. There is, however, a lot of uncertainty as to what the Fed will do in September. 
Most market participants are expecting a tapering of QE to $65 billion a month from the $85 billion we have grown use too. 
All and all, September will be an interesting month.