$880 in 23 minutes

FOMC Meeting Minutes

On August 19 2015, FOMC Meeting Minutes were released, where it was indicated that on September 17 the interest rate might be increased by 0.25%. In the light of recent trends in the global economy, namely the strengthening of the US dollar and slump in crude oil prices, investors and traders perceived this piece of information as negative, which resulted in the weakening of the US dollar.
The EUR/USD currency pair rose by 88 pips in 23 minutes, which allowed to make $880 by a sell position, with trading one lot.

FOMC Meeting Minutes

fomc

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