Forex – The dollar edged up on Monday

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FOREX Forex – The dollar edged up on Monday after multiple Federal Reserve officials in separate appearances sounded a hawkish tone, suggesting U.S. interest rate increases were a "live" possibility at the central bank's upcoming meeting in April. The U.S. central bank surprised investors last week by lowering its outlook for rate increases in 2016 and sounded a note of caution on the fragile global economy. That triggered heavy selling from traders betting on a stronger dollar. The dollar's

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