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Fed could be 'one and done': Where to buy Euros the only question today

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: The consensus of economists is that the US faces a 20% probability of a recession, according to the FT survey of 51 economists cited yesterday. This is a low number. So why is the fixed income crowd in such a lather—and the FX crowd going along with it? We wonder if it’s not a bet on the cowardice of the Fed, which is judged to have only one hike left this year, if that. We could even be “one and done.” Dudley’s comments stirred a hornet’s nest. He sees condition already tightening,

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