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AUD/USD Pressured in Fed Aftermath

Discussion in 'Technical Analysis' started by Kaitlin, Dec 18, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    AUD/USD plunged on Thursday as the US dollar surged in the aftermath of Wednesday's interest rate hike by the Federal Reserve that lifted benchmark US interest rates by a quarter of a percentage point. This rate hike itself had been widely-expected and largely priced-in to the strong US dollar even prior[​IMG]

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