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Fed Meets Market Expectations with Rate Hike

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 17, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The U.S. Federal Reserve raised rates for the first time after nine and a half years. The interest rate rise by 25 basis points is a validation of the U.S. economic recovery after the crisis of 2008. The hike had been highly anticipated and its final arrival did not cause the USD to appreciate beyond current levels. There was a lot of anxiety from investors ahead of the central bank rate announcement after the European Central Bank (ECB) had failed to communicate its intentions to the market.

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