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US dollar falls after Fed cuts forecast for rates

Discussion in 'Technical Analysis' started by ForexLive, Mar 17, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Only 2 rate hikes in 2016 The Fed cut their projection for rate hikes from 4 to 2 which was less than expectations of a move to 3 hikes. The initial reaction is to sell the dollar.

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