(This is an excerpt from an article I originally published on Seeking Alpha on September 12, 2012. Click here to read the entire piece.)
In one more day, the Federal Reserve announces its next decision on monetary policy. In anticipation, the dollar (UUP) has traded lower and lower.
The Australian dollar (FXA) has been one of the beneficiaries of dollar weakness. {snip}
Source for charts: FreeStockCharts.com
{snip}
Be careful out there!
(This is an excerpt from an article I originally published on Seeking Alpha on September 12, 2012. Click here to read the entire piece.)
Full disclosure: no positions