FOMC: No Surprise

No surprises came out of the FOMC today. 



The euro is still capped under 1.1660.

We are still expecting another rate hike in December.  The question is how many rate hikes we are expecting next year.

We are now focusing on the British rate decision tomorrow, and then the U.S. job data on Friday.

Currently, the euro is still holding above 1.16.

Due to the muted response to the FOMC outcome, my MT4 EA did not produce any trade.

The strategy can be found here.

The latest result can be found here.






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