Wow, what a day. Today definitely took me by surprised. Yesterday I saw the dollar drop due to Yellen’s dovish tone however, the dollar was quick to bounce right back. To tell you the truth, I was in the negatives for the most part of the day. My goal was to short the dollar at any chance I got. It was only mid day when I got some profits going long dollar then going short at the end. The strength of the dollar amazes me how it can bounce right back after a dovish Fed talk, impressive.
Not too sure where the dollar will go from here. Will need a couple more days to evaluate and analyze how the market reacts. I want to say short dollar for tomorrow, but nothings 100% in the game of trading.