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FOMC Minutes to Validate Fed and Markets on US Rate Hikes

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    After hiking at the end of 2015 the Fed has now lowered Expectations to 2 Raises in 2016 The USD recorded the worst quarterly performance since 2010 as Fedspeak and Fedfacts have clashed. The March Federal Open Market Committee (FOMC) disappointed with its dovish tone, specially after the European Central Bank (ECB) had gone all out on its quantitative easing (QE) push earlier in the month. Fed member hawkish remarks reversed the USD down trend, only to be brought down to earth after Fed Chair

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