Yesterday, USD strengthened against most major currencies except for CHF.

In the released minutes for the previous monetary policy meeting, the Federal Reserve highlighted that although economic indicators have been showing signs of economic recovery, the U.S. economy is still far from the central bank’s long-term goals. The Fed also highlighted that short-term rise in inflation is expected.

Fed Chairman Powell will be speaking at a virtual seminar tomorrow at 0000 (SGT).
During this time, there may be volatility in USD.

Be sure to follow me on Twitter at @jdtai and on TradingView at Jin_LCMSTraders for my latest post!


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By Jin Dao Tai

JinDao Tai is an Entrepreneur, Award-Winning Forex Coach & Trainer, International Speaker and Multi-Million Dollar Trader. Starting out his career as an economic & financial consultant in Australia, one day he decided to change his life and pivoted into multiple entrepreneurship endeavours and eventually into managing a multi-million dollar portfolio.

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