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Dollar back in demand, but not for long

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Summary The US Dollar posted strong losses following the dovish remarks and forecasts from the FOMC at the March 16th meeting The Fed lowered its rate hike expectations from four to two The following week, FOMC members came out strongly in support of further rate hikes US Dollar Index technical charts point to a downside which is likely to see EURUSD post new highs over the coming months Just a week after the Federal Reserve surprised the markets with a strongly dovish tone, citing global

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