Markets closely watch Fed statement

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 29, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The U.S. stock market surged on Wednesday during the volatile trading after the Fed policymakers left the rate unchanged but gave hints the December rate hike is still possible. According to CME Group FedWatch, the probability of the December rate hike has increased to 43%, up from 34% before the Fed statement release. The dollar lost 0.1% with ICE US dollar index, a measure of the dollar’s strength against a basket of six major currencies, declining 0.1% to 96.77 (have a look at dollar index

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