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Re-Pricing June Fed Meeting Sends USD higher

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 19, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Risk appetite continues to fade from the markets as expectations for a US rate hike grow. Markets are exhibiting all the classic signs of a 'taper tantrum'. The DXY climbed sharply to 95.28 from 94.68 on the back of the less dovish FOMC minutes. The USD short squeeze extended with[​IMG]

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