The effect of recent Fed actions take long by the standards of the market Forex. Whole day went on buying the dollar as a safe haven. At the same time U.S. currency has shown a somersault, some were not even during massive sales in the period of the debt crisis in Europe. For example, one session on Wednesday, 11 August, the dollar strengthened against the euro in three figures. The growth of 300 points per day - a consequence of a "thin" market.
Summer months, especially August - a period of calm in global financial markets. And when the U.S. Federal Reserve takes such important decisions as of Tuesday, a small number of buyers in the market simply is not able to cope with the barrage of applications for sale. But even this is not important.
Attention Forex market in recent years focused on the yen - it is traditionally considered the most conservative currency, against all challenges. Meanwhile, reports of overdue defaulted Japan, but investors for some reason can not keep these two facts together. Job "Great Wall" in investment banks, traders and separates the insiders, is obvious.
As a result, the yen on reports Fed has strengthened to 15-year high. Against this backdrop, the news began to appear on the folding of entire industries in Japan. This is evidence that the economy and how it feels in the last 20 years is not the best way is on the verge of production collapse. Exporters can not cope with the load. But that is no reason to abandon the yen. She continues to strengthen its position, and, apparently, until it suits all. Thus, the foreign exchange market is formed by another potential target of a new wave of recession.
