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USD Drops After Dovish FOMC

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 17, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The release of the FOMC statement and economic projections put downward pressure on the U.S. dollar. The USD was weaker across the board versus majors. The statement by the U.S. Federal Reserve was interpreted by the market as more dovish than expected. Inflation expectations and corporate investments remains low, with[​IMG]

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