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S&P500 index ended 0.2% lower

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Market Movers Today’s main event will be the FOMC monetary policy announcement. We expect the FOMC to keep the fed funds target rate unchanged at 0.25%-0.50%. This is widely expected and focus will instead be on the updated projections for the fed funds target rate (the so-called 'dots'). We expect the Fed to signal two or three hikes this year (down from four) and four hikes next year (unchanged). The Fed is likely to keep the door open for a June hike and given that markets have only priced

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