USD/CAD Loonie Stable After Dovish FOMC Statement

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 27, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The U.S. Federal Reserve release its statement after January’s Federal Open Market Committee (FOMC) meeting in Washington. As the market had anticipated there was no change to the benchmark interest rate which remains at 0.50 percent. Since there was no press conference scheduled at after the release of the statement, the document was going to be the main focus. The Fed continues to highlight the improvement of the job market even as the economy faces tougher growth forecasts, but the rest of

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