A historical day is over. Highlights of FED Decision and Yellen’s Speech :

In a widely expected decision, the Fed said it will begin to unwind its $4.5 trillion in holdings of U.S. Treasury bonds and mortgage-backed securities in October by cutting up to $10 billion per month from maturing securities it reinvests.

The new economic projections showed that eleven out of sixteen officials view the federal funds’ target rate between 1.25% and 1.50% as “appropriate” by the end of 2017.


Source: http://www.fxters.com/eurusd-technical-analysis-forecast-sept-21st/

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