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FOMC statement- Fed hawks inspires USD bulls

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 30, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Dollars bulls were instilled with inspiration as a hawkish FOMC statement renewed the possibility of a US rate hike in 2015. A striking change to the statement was the removal of a line that discussed how global developments may threaten growth in the US. With the Fed’s focus shifted away from global developments such as China’s deceleration and falling commodity prices, the pressure is back on US economic data as the trigger for when the Fed will move forward with a rate rise. According to

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