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Dollar Declines As Fed Stays Muted On Next Rate Hike

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 28, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    After an uneventful session, the dollar declined after the Fed policy statement as the Fed gave no hint on the timing of a next rate hike. Today, the data probably won't have a lasting impact on USD trading. USD trading will be driven by the post‐ Fed repositioning and uncertainty[​IMG]

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