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Fed doves inspire Dollar bears

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 17, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Bearish investors were offered an opportunity to exploit the shaky sentiment towards the Dollar during trading on Wednesday following the dovish FOMC statement which quelled expectations of a recovery in the US economy. The tone of the statement suggested that ongoing fears around diminishing global growth, mixed with explosive levels of volatility in the financial markets had dragged the Fed back down to reality with the four projected interest rate rises slashed to two. Although the

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