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EUR/USD spikes ~1.1400 as Fed worried about hiking

Wednesday, February 18, 2015 7:26 PM UTC

Source: Thomson Reuters

EUR/USD pierced 10 & 21-DMAs pre-Fed minutes but now powerful rally ensues
EUR/USD spikes ~1.1400 as many policymakers lean to keep rates lower for longer
US bond yields reverse course, FOMC minutes too patient for USD bulls
Little pullback from spike high as shorts scramble to cover, stops likely >1.1450

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EUR/USD spikes ~1.1400 as Fed worried about hiking

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