Fed appears concerned about the global economy, Dollar's outlook bearish

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 28, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    General market theme Dollar’s weakness and inability to capitalize on the other majors’ lack of support has been the theme in the markets during the current month and that was made even more obvious yesterday after the release of the Fed press statement on the back of their meeting on monetary policy. The US policymakers appeared considerably less bullish and clearly concerned about the volatility in the global markets and the drop in oil prices turning the Dollar’s outlook even more bearish.

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