Dollar Flash Crashes after FOMC Statement

By | March 19, 2015

These days Currency trading has become dangerous, As Forex Market is highly leveraged so even a small move of 1% can see big move in your trading account.

 

After US FOMC Statement and more dovish Janet Yellen US Dollar crashed from 99.5 to 96.5 and EURO rose USD JPY crashed sub 119 all represented in below chart.

The Dollar flash-crashed after Dovish statement from US Fed

 

It wasn’t just the FOMC move – this something more right after the bell

 

led by JPY and EUR… 2 big figure collapse in JPY!!! 400 pips in EUR!!!!

 

And Swiss the biggest move of all…

 

Charts: Bloomberg

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