Fed remarks put the Dollar's outlook under doubt, more losses ahead?

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    General market theme A day of strong losses for the Dollar yesterday that declined across the board against all of its major counterparties. It was the bearish comments coming from Fed policymakers’ lips that put the US currency under pressure over the past 24 hours, Fed voter Dudley mentioned that the current volatility in the financial markets could drive the Fed to delay further rate hikes for the time being. As a result the whole medium-term outlook of the Dollar is now under serious

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