It’s been another week of strength so far for the US Dollar and the currency caught another shot-in-the-arm on Thursday after the European Central Bank rate decision. While the ECB did hike rates, they also indicated that it may be the last and the net response was a rate-hike sell-off in EUR/USD. The pair pushed down to the support that I had outlined in the Tuesday webinar and that’s holding the low as we move into the end of the week. But next week brings the big one with the FOMC rate decision on Wednesday. The Fed is widely expected to hold rates at that meeting but more debatable is what they might do in their ... (full story)