FOMC and the Risk of Disappointment | BK Asset Management: "According to the latest CFTC IMM reports, speculators are holding massive amounts of long dollar positions against the JPY, AUD and CAD. If the central bank fails to be as hawkish as the market expects, profit taking on those positions could drive the dollar quickly and aggressively lower even if the Fed ends up being one of the few central banks unwinding stimulus next year."
'via Blog this'
