FOMC Sends AUD|USD, AUD|JPY, NZD|USD Lower as Long bets Accumulate

The FOMC and Chair Jerome Powell sent AUD/USD, AUD/JPY and NZD/USD lower, inspiring net-long bets which may keep the near-term outlook bearish. DailyFX analyst Daniel Dubrovsky discusses trader psychology in the aftermath of the Federal Reserve interest rate announcement.

• IG Client Sentiment Analysis: #AUDUSD, #AUDJPY, #NZDUSD
• Fundamental Analysis: Federal Reserve, repo operations, coronavirus, US-China trade deal
• Technical Analysis: Australian Dollar, US Dollar, Japanese Yen, New Zealand Dollar

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