No follow-through price action after Fed-decision
On Thursday, EUR/USD traders experienced a remarkably calm trading session as EUR/USD settled in the mid 1.35 area. The Fed action on Wednesday didn’t trigger any additional repositioning. USD/JPY reversed the post-Fed losses, supported by the overall risk-on sentiment. Sterling finally faced some profit taking after a disappointing UK retail sales report.
Read the full report: FX Daily
KBC