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How Sustainable is USD Weakness post FOMC

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 24, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    In our past article “ US Dollar Outlook into FOMC Meeting on March 16 “, we argue that the Fed is likely going to stay put and temper the rate hike expectation and this action should cause U.S. Dollar weakness. It happened as expected with the Fed last Wednesday lowers the median 2016 dot to two hikes from four hikes. The Fed cited international risk and global financial condition posing downside risk. Below is the new dot plot for 2016 and beyond. The dovish view by the Fed resulted in broad

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