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My Forex experience and some Forex related information that might be useful to other traders

FOMC Rate Decision

June 29th, 2006

Today on 19:15 GMT the FOMC decision on interest rate change will be released. While the rate certainly will be raised by 0.25% today, it is also very important what comments will follow today’s rate decision. Anyway, I expect a very volatile market around the time of FOMC meeting, it will be a good idea to place stop orders on the range breakout borders for EUR/USD and wait for some panic:-)


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