FOMC Meeting and UK Pre‐Election Annual Budget Report to Hog the Limelight!

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The greenback experienced a mixed session again ahead of the FOMC meeting as the weak U.S. Retail Sales figure failed to boost the currency. The sterling plunged ahead of the pre‐election Budget Report and due to the Brexit fears while the yen remained strong following BoJ policy meeting. The euro enjoyed a calm session in the absence of macro‐driver updates on the domestic front. Fed to hold current rates but will Yellen signal a not too far rate hike? No rate changes are expected in today’s

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