FOMC minutes confirmed Fed's bearish bias but traders weren't surprised

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    General market theme Traders’ attention was on the US Dollar yesterday in light of the release of the minutes from the latest Fed meeting on monetary policy. The sentiment in the market was that the Fed policymakers were concerned about the effects that the recent market volatility could have on the domestic economy and would be reserved on raising their key interest rate even more in the next few months. Indeed the FOMC minutes revealed their relatively bearish views about the domestic

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