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Originally Posted by jasperforex
The Fed underlined it's fear of inflation creeping in and that's what caused the reaction on the day. But in the days leading up to the rate decisions, carry trades were already in the process of being unwound and the dollar was riding on the crest of a wave, so really you can say the market took the path of least resistance.
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Hm... so is it possible to know where EUR/USD is headed in, like, the next month? Week? Two months?
The FX