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Dollar remains in control against its peers and fresh lows could be expected

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The US Dollar enjoyed strong gains during the past 24 hours on the back of the Fed decision to raise rates and also improve their forward guidance. The US currency appreciated against the rest of the majors with the Euro and the Pound dropping to fresh lows as traders rushed to take advantage of Fed’s increased optimism over the domestic economy’s outlook. However given the timing of the rate hike and the fact that market participants were prepared for it and positioned in a way to take full

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