Forex Strategy: Holding Short EUR/USD Into FOMC Rate Decision

RELATED QUOTES

SymbolPriceChange
EURUSD=X1.1196+0.0022

My short EURUSD entry order at 1.2978 has been triggered and I will carry the trade into today's FOMC rate decision, seeing the possibility that Ben Bernanke and company will disappoint dovish expectations. I am initially targeting 1.2830, with a stop-loss set to trigger on a daily close above 1.3126.

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.4115+0.0022+0.16%
    USDSGD=X
    1.5812+0.0064+0.40%
    EURSGD=X
    2.1683-0.0028-0.13%
    GBPSGD=X
    85.8960-0.3845-0.45%
    SGDJPY=X
    5.4908-0.0084-0.15%
    SGDHKD=X
    2.9707+0.0104+0.35%
    SGDMYR=X
    9,955.4092-57.041-0.57%
    SGDIDR=X
    4.5178-0.0163-0.36%
    SGDCNY=X
    1.0024-0.0067-0.66%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,130.70-3.30-0.29%
    GCZ15.CMX
    14.50-0.05-0.34%
    SIZ15.CMX
    47.32-1.51-3.09%
    ^XAU
    2.30-0.04-1.88%
    HGZ15.CMX
    44.39-0.83-1.84%
    CLV15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.50-0.02
    ^FVX
    2.16-0.02
    ^TNX
    2.89-0.02
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.13+0.01+6.56%
    5DN.SI
    0.545+0.025+4.81%
    N21.SI
    0.310.000.00%
    5WA.SI
    3.74-0.06-1.58%
    Z74.SI
    0.770.00+0.65%
    G13.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.30+0.10+46.34%
    Y06.SI
    1.05+0.28+36.36%
    AXL.SI
    0.22+0.03+18.28%
    5RE.SI
    0.198+0.028+16.47%
    C10.SI
    0.24+0.03+14.29%
    N08.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.057-0.095-62.50%
    5MD.SI
    0.35-0.07-16.67%
    AZT.SI
    0.335-0.065-16.25%
    BAZ.SI
    0.26-0.03-10.34%
    I06.SI
    0.45-0.05-10.00%
    AWV.SI