EUR/USD is bouncing around like a pinball, but the general reaction is one of buy EUR/USD on the rumor that the Fed would maintain its dovish rhetoric on rates staying low for an extended time and selling off after the fact. We’ve had some dips and bounces in between, but stocks are lower and rates are higher after the news, so it stands to reason that EUR/USD may have seen its best levels of the day at just above 1.4900.
Oops, never mind.. back up we go…stay dry, my friends…
