Bernanke laid out a roadmap to ending QE and the dollar rocketed higher. The US dollar gained around 100 pips across the board while the Australian dollar lagged and fell to the lowest since 2010. Chinese and New Zealand data now prepares to steal the spotlight. 3 of today's trades were stopped out, while 3 remain in progress and 2 await fill. All of today's Premium trades are found in the latest Premium Insights.
Bernanke was clear in his press conference following the FOMC decision. The Fed released forecasts and if the data is broadly consistent with those forecasts, the Fed would begin to moderate QE later this year.