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2016 – Finally, The Return to Normalization, I'll Buy the USD on Dips!

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 17, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Finally, after almost 10 years, the U.S. economy is strong enough to handle higher interest rates after nearly a decade of financial crisis emergency life support by the Fed. Key Points: The Fed raised rates by 25 basis points yesterday; This was followed by a statement that said more rate hikes are on the way; Rate increases will be at a “gradual pace”; The Fed will remain “data Dependent”. The above key points give me enough support to buy US dollars on weakness, provided the data stream

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