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The Fed Rate Hike Awakens After Long Prelude

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    After First US Interest Rate Hike in a Decade Focus Will Shift to Monetary Policy Pace Next Year This week in the foreign exchange market was always going to be about the December Federal Open Market Committee (FOMC) meeting. The spectacular failure to communicate with markets shown by the European Central Bank (ECB) at the beginning of the month, has heightened anxiety on such an awaited event. The taper tantrum in the summer of 2013 caused a similar disconnect between Fed rhetoric and market

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