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Doubt seeds sown on Fed rate hike, AUD benefits

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 20, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The US dollar remained under pressure overnight, with little in the way of fresh inspiration to keep the bids rolling in. It’s apparent the FOMC minutes released on Wednesday didn’t give markets participants the reassurance needed to suggest December’s the month the Fed lifts its federal funds rate. Given the level of expectancy built in, it’s natural to see periods of consolidation as participants respond to data points, Fed commentary, and the subsequent market conjecture. A good barometer

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