Wednesday night, 17th December, a FOMC decision was released. After that, Fed Chair Janet Yellen's press conference was held. All attention of market participants was drawn to the comments regarding the terms of starting to raise interest rates. Janet Yellen made it clear that interest rates could be raised in April 2015.
After these comments, the U.S. dollar began to strengthen resuming its climb. The AUD/USD pair dropped by 110 pips in half an hour, which allowed to make up to $1650, with trading one lot!
Our clients made about 3 million U.S. dollars in total only on this news release!
Federal Reserve Press Conference