US Dollar Index: The Greater Leviathan

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    It was not a surprise when the US Federal Reserve released its statement after its 26 -27 January Federal Open Market Committee meeting. There was no change in policy. However, markets reacted as if it had received some actionable news. Central bank statements are carefully worded. Most times to the point of being cryptic. So what may seem mundane at face value, likely has deeper implications. It’s important to observe that since the 16 December meeting at which the target Fed Funds rate was

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