It is expected that there will be a cut at 0.25% but it came out 0.50%, well the market loves surprises and everything vs the dollar shot up within the hour and US index fell yet again to another low. Major pairs vs dollar were consolidating today except for cable fell back below 2.0000 level. Eur/usd not breaking 1.4000 psychological barrier.
Looks like the carry trade gaining up a bit, lets see how it turns out tomorrow
Result: -30pips
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