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Fed Dovish Statement Expected After December Hike

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Global Economic conditions have deteriorated in 2016 making the projected 4 Fed rate hikes a unlikely scenario The U.S. Federal Reserve delivered the much-awaited first rate hike to start a tightening monetary policy cycle in December. Weak economic indicators and a struggling global stock market after the Chinese turmoil at the start of the year make the projected 4 rate hikes in 2016 look farfetched. The drop and recovery of oil prices have had a deep impact as commodity currencies

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